New York Observer
March 2, 2011

Patrolmen’s Benevolent Association
of the City of New York Incorporated

125 Broad Street, New York, N.Y.  10004
Patrick J. Lynch, President

The New York Observer
Via Electronic Mail

To the Editor:

In the rush to blame public employees for all that is wrong in this City, let’s make sure we take the time to distinguish fact from fiction.  Your opinion piece, “An Unaffordable Perk” (Feb. 15) utterly fails in that regard.

The Mayor’s deception on the police officers’ and firefighters’ supplemental retirement benefit does not end with his characterizing it as a Christmas bonus.  The fundamentals deception is the assertion that the benefit costs the City any money at all.  That benefit has been self-funded since its inception, out of the investment earnings of police officers’ and firefighters’ own monies.  The fund that pays those benefits has not received any funding from any source in almost two decades.  The truth is the benefit is neither a “bonus” nor unaffordable.

Therefore, the only commitment the City need honor is to keep its hand off of money belonging to the courageous police officers and firefighters who have served this City so well,

Patrick J. Lynch