I like the current system of sick leave, but I would because I use it every year. I think we could go to rollover sick bank that accrues. If I were management I would try to minimize cost by extending settlement of the sick bank balance to retirement. Future money is always cheaper than present money. I would resist the idea of paying the current value of money into a 401K each year.
I would be curious to see if/why management actually prefers our current system or if it comes from DALPA.