The average FDNY firefighter retired with a pension of more than $100,000 over the last seven years, according to an analysis of pension data released Tuesday.America's upper class: Barack Obama's "first responders".
The large number of six-figure pensions are in part due to so many firefighters retiring on disability, which gives them 75% of their final average salary, according to the analysis from the Empire Center, a nonpartisan think tank.
Nondisability pensions are based on 50% of a firefighter’s final average salary.
The average pension for 166 FDNY retirees in 2014 was $100,636, with seven topping out at over $200,000, the Empire Center found.
The largest FDNY pension belonged to Michael Vecchi, who retired in 2013 as an associate commissioner and received a hefty $284,624 pension.
Wednesday, June 17, 2015
Average FDNY firefighter retired with $100,000 pension over last 7 years: analysis
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