I'm going over my nephews first paystubs to figure out how much he should contribute to Deferred Comp. I have noticed some things and would like to know some answers since it has been almost 30 years since I got hired (MidNite Class of 1992). What Tier level are the new guys at now? What is the T3 Enhanced 414 contribution ($16.30)? Are they also mandatory paying into their pension ($48.90) ? I see he has HIP HMO NY Basic that has no deductions. Kid is only making $42,500 per year and he is currently only bringing home $1153 .00 after taxes. (Under $30k take home per year.) If he contributes 15% ($245) , he will only be bring home about $908 every two weeks. I'm wondering if he should apply for welfare and food stamps while he is at the bottom. Good thing he still lives at home and has no major bills. In 1992 I was bringing home $742.80 every two weeks and I was married with a house mortgage ! Thanks for any info.
- Rookforever147147
Being in Tier 3 means he is not eligible for ITHP and/or 50/5O towards pension. Meaning he will never see an overage on his pension.
Only way he can save money for the future would be deferred compensation. 457 and 401k. If he doesn’t do that , he can choose to invest in different ways but that’s on him.
Only way he can save money for the future would be deferred compensation. 457 and 401k. If he doesn’t do that , he can choose to invest in different ways but that’s on him.
- NYNighthawk148364836
I spoke to every recruit class orientation in the precinct. Brought the forms and some old timers in to back me up that there is no way they cannot get into it. They have to but for no other reason when living at home - they now will get a legal tax deduction into the deferred and 401K. Deferred comp started in April 1987 in the NYPD. The old timers who got out in the 70's and 1980's are hurting today since they never had the chance to get into it.
itsLUCKY likes this post
In 1968, the base pay for Irish welfare (before deductions) was $8,000...
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Slappy27 likes this post
HEY THE ADDS SAID "BE A NYPD COP AND MAKE $185" A WEEK IN 1966. MY FIRST CHECK I GOT WAS FOR $189. I SAID TO ANOTHER PROBIE HEY THEY OVER PAID ME $4. HE THEN TOLD ME THE PAY CHECK WAS FOR 2 FU-KING WEEKS. WHAT A LET DOWN. WENT BACK TO MY OLD JOB ASKING IF I COULD COME BACK. THEY SAID SURE AS SOON AS THE STRIKE IS OVER. THREE MONTH LATER I WAS GETTING VERY HAPPY THAT I STAYED ON.NYCTPF wrote: ↑Dec 26, 2020In 1968, the base pay for Irish welfare (before deductions) was $8,000...
Not to late to bail and go to an air conditioning and refrigeration trade school..
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Slappy27 likes this post
I still have EVERY pay stub starting with my military service in 1981. Here is my first full 2 week paystub from 1992. Some people ask me WHY do save this stuff. It's a good thing that I do and did. Back in 2012 I get a pension statement and all of a sudden 2 years of my service from 1999-2001 has disappeared. I called the pension section and they said they have no record. I told them that I have no break in service at all and asked what do I need to do to fix this BS. They told me that I needed to come down to 1PP for a few hours to forensically prove I worked that period. I asked them, "what if I have my paystubs?" The lady was shocked a little bit and then said to send in copies of all my paystubs for the missing period. 3 weeks later, all fixed and no day spent at the Puzzle Palace. I'm glad I save everything and keep track of everything. I can even tell you what I paid for my electric bill in 1991. ($346.40 yr.) Now I pay over $400 a month !
Article from 1973
Makes you think what was the pension for a Police Officer after 20 who left in the early 70s . According tp the inflation calculator
a 10 thousand dollars pension in 1973 is now worth in buying power 1600 dollars
a 50 thousand dollars pension in 1990 is now worth 24 thousand in todays buying power
CHART GIVES DATA ON POLICE WAGES
By David Burnham![]()
Credit...The New York Times Archives
See the article in its original context from
March 25, 1973, Page 33Buy Reprints
New York Times subscribers* enjoy full access to TimesMachine—view over 150 years of New York Times journalism, as it originally appeared.
Senior police captains here now make more than $31,000 a year, sergeants about $20,000 and patrolmen with five years' experience more than $16,000, according to a recently circulated department salary chart.
The chart provides a detailed breakdown of the salaries paid to the city's 30,800 policemen, not counting overtime, night differential and many other direct and indirect benefits.
Designed to help the clerks prepare payroll reports under contracts in effect from January to June of the current year, the chart shows the various salary increases given policemen according to the number of years they have held a specific rank or grade.
For example, a man who has been on the force for more than 20 years and a captain for more than three years, receives a basic annual salary of $31,096. A man who has been in the department for 10 years and a captain for more than two receives $28,794.
These full‐year salaries for men whose basic requirement is a high school‐equivalency certificate, are considerably higher than the average salaries paid professors at Columbia University for nine months' work. According to the American Association of University Professors, the average salaries at Columbia during the current academic year range from $12,720 for an assistant professor to $23,550 for a professor.
An assistant district attorney, who must have completed college and law school, starts with a salary of $12,000 and earns an average of $15,000 after three years.
Top‐Level Salaries
According to the Police Department, Commissioner Patrick V. Murphy makes $41,000, Chief Inspector Michael F. Codd makes $39,502 and the heads of the various major units of the department—the chief of detectives, the chief of patrol—now are paid $31,495, with some variation because of seniority.
Because the salaries of the highest commanders have not yet been adjusted in relation to the recent increases granted to the department as a whole, many middle‐level police officials now are making more than their immediate superiors.
Just under the top level, for example, there are 23 deputy chief inspectors whose basic compensation can be as high as $37,027; 46 inspectors at $34,940; 104 deputy inspector at $32,027; 46 inspectors at $32,959 and 360 captains at $31,096.
Lieut. Charles Toes, head of the department payroll section, said that most of the commanders were at the top of the seniority requirements.
According to the department payroll chart, the maximum basic salary paid to lieutenants is $22,928; to sergeants $19,895 and to patrolmen $15,320.
Extra Benefits
There are, however, a number of additional cash benefits available.
All policemen receive an extra $200‐a‐year uniform allowance. All ranks, up to deputy chief inspector, are entitled to a night‐differential payment when they work between 4 P.M. and 8 A.M. The size of this benefit depends upon the number of hours worked during the “night.”
Lieutenant Toes said 16 of the 23 deputy chief inspectors and 244 of the 360 captains put in for the night differential during the last three months of 1972, receiving payments averaging about $25 a month or $300 a year, generally because they attended community relations meetings in the evening.
For lieutenants, sergeants and patrolmen assigned to jobs in which two–thirds of their worktime falls between 4 P.M. and 8 A.M., the night‐differential payments are more rewarding. According to Lieutenant Toes, lieutenants working “rotating shifts” receive annual night‐differential payments of about $1,274, sergeants, $1,087, and patrolmen between $675 and $883.
Lieutenant Toes said average overtime for all patrolmen was now running about $200 a year with lieutenants and sergeants getting something less.
Abuses Noted
But Police Commissioner Murphy said during a recent interview that patrolmen sometimes abused the overtime provision. One patrolman in Brooklyn, he said, was discovered averaging $1,000 overtime a month by making a drunken‐driver arrest toward the end of each tour, which then would require lengthy court appearances.
In addition to their actual compensation, overtime pay and night differential, policemen also are eligible for a host of benefits. These include almost total job security; five‐week vacations (27 workdays) at ter three years' service; lifetime pensions of half the earned compensation on the day of retirement after 20 years and a large number of insurance programs, health benefits and police scholarships offered by both the city and the employee groups.
The present contract under which these benefits are guaranteed expires June 30.
Makes you think what was the pension for a Police Officer after 20 who left in the early 70s . According tp the inflation calculator
a 10 thousand dollars pension in 1973 is now worth in buying power 1600 dollars
a 50 thousand dollars pension in 1990 is now worth 24 thousand in todays buying power
CHART GIVES DATA ON POLICE WAGES
By David Burnham
- March 25, 1973
Credit...The New York Times Archives
See the article in its original context from
March 25, 1973, Page 33Buy Reprints
New York Times subscribers* enjoy full access to TimesMachine—view over 150 years of New York Times journalism, as it originally appeared.
Senior police captains here now make more than $31,000 a year, sergeants about $20,000 and patrolmen with five years' experience more than $16,000, according to a recently circulated department salary chart.
The chart provides a detailed breakdown of the salaries paid to the city's 30,800 policemen, not counting overtime, night differential and many other direct and indirect benefits.
Designed to help the clerks prepare payroll reports under contracts in effect from January to June of the current year, the chart shows the various salary increases given policemen according to the number of years they have held a specific rank or grade.
For example, a man who has been on the force for more than 20 years and a captain for more than three years, receives a basic annual salary of $31,096. A man who has been in the department for 10 years and a captain for more than two receives $28,794.
These full‐year salaries for men whose basic requirement is a high school‐equivalency certificate, are considerably higher than the average salaries paid professors at Columbia University for nine months' work. According to the American Association of University Professors, the average salaries at Columbia during the current academic year range from $12,720 for an assistant professor to $23,550 for a professor.
An assistant district attorney, who must have completed college and law school, starts with a salary of $12,000 and earns an average of $15,000 after three years.
Top‐Level Salaries
According to the Police Department, Commissioner Patrick V. Murphy makes $41,000, Chief Inspector Michael F. Codd makes $39,502 and the heads of the various major units of the department—the chief of detectives, the chief of patrol—now are paid $31,495, with some variation because of seniority.
Because the salaries of the highest commanders have not yet been adjusted in relation to the recent increases granted to the department as a whole, many middle‐level police officials now are making more than their immediate superiors.
Just under the top level, for example, there are 23 deputy chief inspectors whose basic compensation can be as high as $37,027; 46 inspectors at $34,940; 104 deputy inspector at $32,027; 46 inspectors at $32,959 and 360 captains at $31,096.
Lieut. Charles Toes, head of the department payroll section, said that most of the commanders were at the top of the seniority requirements.
According to the department payroll chart, the maximum basic salary paid to lieutenants is $22,928; to sergeants $19,895 and to patrolmen $15,320.
Extra Benefits
There are, however, a number of additional cash benefits available.
All policemen receive an extra $200‐a‐year uniform allowance. All ranks, up to deputy chief inspector, are entitled to a night‐differential payment when they work between 4 P.M. and 8 A.M. The size of this benefit depends upon the number of hours worked during the “night.”
Lieutenant Toes said 16 of the 23 deputy chief inspectors and 244 of the 360 captains put in for the night differential during the last three months of 1972, receiving payments averaging about $25 a month or $300 a year, generally because they attended community relations meetings in the evening.
For lieutenants, sergeants and patrolmen assigned to jobs in which two–thirds of their worktime falls between 4 P.M. and 8 A.M., the night‐differential payments are more rewarding. According to Lieutenant Toes, lieutenants working “rotating shifts” receive annual night‐differential payments of about $1,274, sergeants, $1,087, and patrolmen between $675 and $883.
Lieutenant Toes said average overtime for all patrolmen was now running about $200 a year with lieutenants and sergeants getting something less.
Abuses Noted
But Police Commissioner Murphy said during a recent interview that patrolmen sometimes abused the overtime provision. One patrolman in Brooklyn, he said, was discovered averaging $1,000 overtime a month by making a drunken‐driver arrest toward the end of each tour, which then would require lengthy court appearances.
In addition to their actual compensation, overtime pay and night differential, policemen also are eligible for a host of benefits. These include almost total job security; five‐week vacations (27 workdays) at ter three years' service; lifetime pensions of half the earned compensation on the day of retirement after 20 years and a large number of insurance programs, health benefits and police scholarships offered by both the city and the employee groups.
The present contract under which these benefits are guaranteed expires June 30.
