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Government workers are giving themselves a payrise by cashing up annual leave
(www.thepost.co.nz)
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They used to allow this in Australia, but they canned it a few years ago because they became concerned that people were accumulating leave rather than taking it. They said it was for out mental well-being... so get ready for that
From memory, I believe one government increased legal minimum annual leave from 3 to 4 weeks, then the following government changed it so you still got the 4th week but you could cash it in on agreement with your employer. So you can't cash it all in, just 1/4 per year.