Tag Archives: retirement

272 NYPD Officers File for Retirement Since George Floyd’s Death

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New York City police officers are retiring in droves following the death of George Floyd in police custody.

Two hundred and seventy-two uniformed officers have filed retirement papers between May 25, the day Floyd died while he was in police custody, and June 24, according to the New York Post.

The number represents a 49% spike from the same time period last year, the department said.

The relationship between the New York Police Department and city leadership has become strained over the last few years but has intensified since Floyd’s death. The two sides have openly criticized each other, and New York City Bill de Blasio recently promised to cut funding to the department and encouraged reforms such as disbanding the force’s plainclothes unit, which was criticized by at least one police union leader.

NYPD Commissioner Dermot Shea said last week that the criminal justice system in New York City is reaching a “breaking point.”

Washington Examiner

NYPD Officers Are Retiring In Droves Over Leadership’s Handling Of Riots

Financial Literacy Linked to Mental Health

retire

A new household economics study from Hiroshima University suggests that financially literate people are more capable of accumulating wealth and worrying less about life in old age.

This study is the first of its kind to examine how financial literacy influences anxiety about life in old age in the United States.

“Anxiety is bad for one’s health, and it is bad for the economy,” Yoshihiko Kadoya said. Kadoya, Associate Professor of Health Economics at Hiroshima University, is the primary author of this study.

Science Daily