Scores of retired city employees say they are waiting months – in some cases nearly a year – to receive terminal pay and other retirement-related payments, leaving many struggling to cover bills after leaving the workforce.
Terminal pay includes unused compensatory, sick, vacation and holiday time that is paid out after retirement. For many longtime employees, the payout represents a significant portion of their retirement income. But retirees say the city’s delays have turned what should be a financial cushion into a financial strain.
Andy Yaletsko, who spent 36 years with the Philadelphia Police Department and rose to sergeant, said both he and his wife, a 33-year veteran who retired from Major Crimes, have faced long waits…