I don't get it. I work in a Government job and for the last couple of years acted as a Business Manager for two prisons, managing all the HR stuff and the ten mill budget. We had something called 'leave liability'. As you say, it's a liability that needs to be funded. Bud, on a simple term, let's say we have one employee who accrues leave worth 5 grand, well, of course that's an expense that needs to be funded. But I don't get how paying the 5k NOW is any different to paying it in two years' time.

Of course, if they (the bosses) LOSE their leave because they haven't taken it, then THAT can save the company money.