Optimum News 12 Newsday.com MSG Varsity Explore LI AM New York Optimum Autos Optimum Homes

Cop retirement plan could save Nassau $20M

Nassau Police cars outside the sixth precinct. (Oct.

Photo credit: Howard Schnapp | Nassau Police cars outside the sixth precinct. (Oct. 10, 2011)

Nassau police unions have agreed to an incentive package intended to encourage higher-paid officers to retire and save the county as much as $20 million annually, officials said Monday.

The incentive package would offer retiring officers $1,000 for every year of service and would partially lift a cap on severance pay, which is now limited to two times salary. The incentive would allow each...

Content Preview This content is exclusive for Newsday digital access and 7-day home delivery subscribers and Optimum Online® customers.

Already
registered?
Log in
Already a
subscriber/customer?
Register
Subscribe for
a free trial!
Subscribe

Nassau reporters on Twitter

Follow Newsday on Twitter