At the Port Authority, overtime is the gift that keeps on giving.Working class heroes.
A group of top-earning PA retirees padded their lifelong six-figure pensions by working an average of $90,611 in overtime in their final year, a Post analysis of pension records from 1987 to 2010 shows.
That combined overtime for the 203 top-earning retirees costs state taxpayers $18.3 million a year.
PA officers can collect pensions up to two-thirds of their final average pay, which includes overtime. The average pay is based on the top three successive years of earnings.
Tuesday, April 05, 2011
Overtime Hogs Cost Port Authority $18 Million A Year
The New York Post reports: