Police sergeants will get six-figure salaries for the first time, under a contract announced yesterday by Mayor Bloomberg.
The 74-month, $200 million contract with the Sergeants Benevolent Association includes 4 percent annual raises in its final years that could become the model for other city unions after Bloomberg is gone from City Hall.
The deal boosts sergeants’ salaries 27.5 percent over the length of the contract, which runs retroactively from June 1, 2005, to July 31, 2011.
The starting pay for sergeants would jump from the current $61,093 to $87,798.