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Skerppp t1_j1m4u2s wrote

Reply to comment by _TommySalami in Is my Brother in law lying? by Specialist-Artistic

The pension is 50-65% of the salary when they retire, based on total years worked. At 20 years in the New York pension system they will retire with 50% of the final salary, which does not include overtime. Port authority is in the New York pension. So if you retire at 50 years old with 20 years as a port authority cop making 110k, you will collect a pension of 55k per year… but yes you can get another job after you retire

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_TommySalami t1_j1nbg2a wrote

Yep, they stack the final year salary to increase that number. Half of 250 ain't shabby

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Skerppp t1_j1ncvht wrote

Overtime doesn’t count toward the pension in NY or NJ, I believe in PA it might. So here it’s 50-65% of final salary, which is compensation before overtime.

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_TommySalami t1_j1nt74n wrote

I worked there until 2008 when this was a scandal, so I believe it may have changed for the better.

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micmaher99 t1_j1t705z wrote

The scandal was a huge news story, look it up.

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