NY state budget deal includes NYPD pension sweetener for some retiring cops

Some retiring NYPD officers will be getting a boost in their pensions courtesy of state lawmakers who began voting on the final state budget on Wednesday.

But the increase could cost New York City tens of millions of dollars in the coming decades.

The deal will change the way pensions are computed for some retiring detectives, sergeants and lieutenants, according to budget documents outlining what’s in the state’s $254 billion spending plan. Pension payouts will increase for retiring cops in those ranks if they’ve served at least 25 years on the force and completed three years at their rank, according to the deal…

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