At least 57 towns across New Jersey are violating state laws on sick and vacation time -- and wasting your money -- according to a new report released Thursday by state comptroller Kevin Walsh.

The report found towns such as Wall allowed employees to cash out sick time before they retired and gave so-called "boat checks" in leave payouts.

Out of the 60 towns the comptroller surveyed, 95% were breaking the laws.

"We suspect this is just the tip of the iceberg," says Walsh. "There should also be a stronger oversight of these laws."

The comptroller says he doesn't have a number on how much money was wasted but believes the final number of towns at-fault could be in the hundreds.