NYPD can expect a flood of retirements after NYC Mayor Eric Adams’ proposal to slash overtime for migrant cost-cutting: sources
By Jesse O’Neill,
Carl Campanile and
Craig McCarthy
Published Sep. 11, 2023, 7:43 p.m. ET
The NYPD can expect a brain drain thanks to a flood of retirements if overtime is cut as proposed by Mayor Adams to help plug a multibillion-dollar, migrant-fueled budget hole, police sources say.
“A lot of people that are eligible to retire are going to leave if the overtime stops because overtime is pensionable,” an NYPD sergeant said Monday.
New York’s Finest “haven’t heard anything officially” about a potential reduction in overtime, but the source told The Post that such a move wouldn’t make financial sense.
“We’re already at critical staffing levels, and it’s cheaper to pay overtime than it is to hire another officer,” the source said, explaining that health care and other benefits had already been paid for when an existing officer picks up a shift.
In addition to possible police, fire, sanitation and correction OT cuts, all branches of government in the Big Apple have been told to slash spending by 5% — and potentially up to 15% by spring — to mitigate the “skyrocketing costs” of New York City’s migrant crisis without more federal aid.
Recent city initiatives such as special education pre-K expansion, rent supplement for families with children and additional litter-basket collection should also be ripe for the chopping block, according to budget watchdogs.
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https://nypost.com/2023/09/11/nypd-can-expect-a-flood-of-retirements-after-nyc-mayor-eric-adams-proposal-to-slash-overtime-for-migrant-cost-cutting-sources/