Business Insider has devoted an "Outrage of the Day" feature to police pensions in Yonkers, New York. Using data from the Empire Center's SeeThroughNY website, Insider writer Robert Johnson notes: "All told, 130 former cops and firemen in Yonkers are earning six figure pensions."
Actually, when it comes to six-figure pensions, Yonkers cops and firefighters can't compete with officers of the Police Department in fiscally troubled Nassau County. According to the latest data at SeeThroughNY, nearly 400 retired Nassau County cops are drawing pensions of $100,000 or more.
Actually, when it comes to six-figure pensions, Yonkers cops and firefighters can't compete with officers of the Police Department in fiscally troubled Nassau County. According to the latest data at SeeThroughNY, nearly 400 retired Nassau County cops are drawing pensions of $100,000 or more.
As shown in the chart, roughly 13 percent of the state's newly retired police and firefighters (excluding those in New York City's separate pension funds) could claim six-figure pensions in 2009 -- up from 0.5 percent in 2000.
By the way, unlike many of those well-publicized six-figure pensioners in California, New York's state and local retirees also are members of the Social Security system--meaning they can start collecting a second pension when they are in their 60s. Of course, for newly retired police and firefighters, that won't be for another 15 to 20 years.
By the way, unlike many of those well-publicized six-figure pensioners in California, New York's state and local retirees also are members of the Social Security system--meaning they can start collecting a second pension when they are in their 60s. Of course, for newly retired police and firefighters, that won't be for another 15 to 20 years.
Join the conversation