Friday, October 07, 2011

Sounding alarm on 100G FDNY pensions

The New York Post reports:
The average annual FDNY pension is closing in on the $100,000 mark.

The Empire Center for New York State Policy, which yesterday posted the latest list of about 16,000 FDNY retirees, reported that preliminary figures for 2010 show that 1,267, or 8 percent, were collecting $100,000 or more annually.

The average pension for those who left the force in 2009 was a whopping $91,988.

For members of the department who retired last year, the average was $89,177 -- but that’s calculated before adjustments that will likely drive the number to a new high.


In the private sector , you'd have to be quite wealthy to pay yourself 100K a year from your 401K with today's low interest rates. Just a reminder, the Obama "jobs plan" helps these "working class" heroes by "helping" state and local government.