At my last job they have a policy of people who retire are allowed to cash out Extended Illness Bank (EIB) hours at full hourly wages if you are over a certain age and have a certain number of years with the organization. The bank is maxed max out at 400 hours.
One day I was in HR working for a reporting meeting. An employee who was less than a month from hitting the age/tenure threshold was being fired for a miniscule reason.