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The Water Cooler
General Discussion
NYPD Cops Retiring in Large Numbers
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<blockquote data-quote="SMS" data-source="post: 3384277" data-attributes="member: 42"><p>I’d have to see annual averages before I buy in to the “large numbers”. Annual retirement timing fluctuates with the stock market and other factors. My neighbor was a Captain on the local P.D. he took a look at the numbers recently, dropped his paperwork on a Monday and was retired by Friday. Earlier than he planned but he would’ve lost money if he stayed.</p><p></p><p>I know this though, all those NYPD retirees add a good financial hit to the city/state. Average New York P.D. retirement is over $80k and 6 figure retirements are becoming more common.</p></blockquote><p></p>
[QUOTE="SMS, post: 3384277, member: 42"] I’d have to see annual averages before I buy in to the “large numbers”. Annual retirement timing fluctuates with the stock market and other factors. My neighbor was a Captain on the local P.D. he took a look at the numbers recently, dropped his paperwork on a Monday and was retired by Friday. Earlier than he planned but he would’ve lost money if he stayed. I know this though, all those NYPD retirees add a good financial hit to the city/state. Average New York P.D. retirement is over $80k and 6 figure retirements are becoming more common. [/QUOTE]
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NYPD Cops Retiring in Large Numbers
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