NYPD Home  
   
 
 
 
 
 
 
 
 
 
Benefits
 
 
 
 
 
 
 
 
   

BENEFITS
Salary   Additional Benefits

Award Raises Starting Salaries by Over $10,000

Start receiving full pay and benefits from your first day of recruit training ($35,881 per annum). Salaries will continue to increase every year and upon completion of 5½ years of service, base salary will increase to $65,382. In addition to these base salaries, there is overtime earning, holiday pay, night differential and uniform allowance.

  

  • 10 Paid vacation days your first year
  • 27 Paid vacation days after 5 years of service
  • Unlimited sick leave with full pay
  • A choice of paid medical programs
  • Prescription, dental, and eye glass coverage
  • Annuity fund
  • Deferred Compensation Plan, 401K and I.R.A.
  • Optional retirement at one half salary after 20 years of service
  • Annual $12,000 Variable Supplement Fund (Upon retirement)
  • Annual banking of $12,000 Variable Supplement Fund after 20 years of service (If not retiring)
  • Excellent promotional opportunities
  • Educational opportunities
  • Additional benefits are available to military personnel.

 

The salary schedule for Police Officers newly hired on or after 1/1/2006 will be:

  • After 5.5 years             $65,382
  • After 4.5 years             $48,389
  • After 3.5 years             $45,536
  • After 2.5 years             $41,696
  • After 1.5 years             $37,307
  • 1st day of Academy     $35,881

 

These salaries do not include overtime earnings, night-shift differential, holiday pay and uniform allowance. When including base salary, average overtime and night shift differential, holiday pay, and uniform allowance, a new Police Officer will earn over $40,000, on average, in the first year;  and $82,000, on average, after 5 1/2 years of service.

This contract expires on July 31, 2006 and future contracts still need to be negotiated between the PBA and NYC.


 

CAREER OPPORTUNITIES

The NYPD administers promotional exams for each rank above police officer every two-three years.
IT’S A GREAT PLACE TO ADVANCE….

  • 1 in 6 uniformed members of the NYPD are Detectives. A Detective’s (3rd Grade) average earning is
    $100,000* (Promotion to Detective is not based on a promotional exam, it’s based on merit)
  • 1 in 7 uniformed members of the NYPD are Sergeants. A Sergeant’s average earning is $100,000*
  • 1 in 20 uniformed members of the NYPD are Lieutenants. A Lieutenant’s average earning is $122,000*


*These salaries include base salary, average overtime and night shift differential, holiday pay, and uniform allowance. The above ranks do enjoy the same additional benefits described above.

RETIREMENT BENEFITS

After 20 years of service, a retired Police Officer will receive:

  • Estimated earnings of $50,783 per year, comprised of 50 % of salary, longevity, night shift differential, overtime and an annual $12,000 payment from a Variable Supplement Fund.

    - A retired Police Officer could receive approximately $1.9 million when retired assuming a life expectancy of 80 years. This figure is based on the age of appointment of 22 and the age of retirement of 42.

    - The dollar amount of $1.9 million is estimated on 2005 salaries and is not adjusted for inflation or for future raises.

    - This dollar amount will be higher for uniformed members that retire above the rank of Police Officer.
  • Full health benefits

  • Annuity Fund and Deferred Compensation Plan, 401K and I.R.A.

    — The amount of total compensation from these funds depends on the market value of the portfolio that the officer has chosen while active and varies depending on the amount voluntarily contributed by the individual officer.