A recent report found that the New York Police Department (NYPD) Pension Fund paid out more money than last year, with the top retiree earning over $500,000.
Data from The Empire Center showed that 54,571 retired NYPD officers were paid out a total of $3.59 billion this year. This is 8% higher than last year, when pension fund payouts totaled $3.32 billion.
According to the think tank’s findings, 28 “full career” members — that is, those who served for 20 or more years — received over $300,000 in payments. Further, the number of NYPD retirees being paid at least $200,000 was up 47% from 264 to 389 and 8,633 members got at least $100,000 — 30% more than in 2024, when 6,657 were paid that same amount…