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NYPD - Ordinary Medical vs Vesting out

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  • NYPD - Ordinary Medical vs Vesting out

    Hey team, so I'm currently out sick with a back injury that's gonna take more than a little while to get good from and a friend of mine mentioned going out on Ordinary Medical retirement, as the injury wasn't LOD. I've been contemplating vesting out after 15 years anyway because of the way things are now and where I'm working. My question is what are the differences between vesting out and Ordinary Medical retirement, and what are the pros and cons.

    Thanks and stay safe

  • #2
    Not NYPD, but you might check with your CPA about the taxability of a medical pension.
    Going too far is half the pleasure of not getting anywhere

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    • #3
      If it's like the state P&F you get 1/3 of your FAS and it's taxed.

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