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Twenty years in, and nobody has written any of it down.
The Decision Record does.

A ten-section document covering the four decisions you cannot take back once your papers are in — in writing, with every figure sourced and every assumption listed, including the ones it had to make for you.

    Already built your Snapshot on the NYPD page? Bring it across and most of this is already filled in. The Record is yours to print whether or not you ever speak to us.

    Your answer so far

    The Decision Record prepared in your browser · 10 sections
    1. Terms of this document
    2. Understanding your circumstances
    3. Identifying and selecting goals
    4. Analysing your current course
    5. Alternative courses of action
    6. What the arithmetic shows
    7. Implementing
    8. Monitoring and updating
    9. Information still required
    10. Assumptions, estimates and sources

    The order is the CFP Board's seven-step process, which is also the order a licensed adviser is held to. Sections 4 and 5 — your current course, and the alternatives — are the two most plans skip.

    In your words

    Where every number here comes from · Disclosures

    About your pension figure. This page does not recalculate your police pension. It uses the figure your Snapshot produced from the Fund's own booklets, and it applies the rise rate your tier actually gets. If you are Tier 3 with the service to qualify, that is RSSL 510(b)(2) escalation — the lesser of 3% or inflation, on the whole benefit. If you are Tier 3 collecting at twenty, RSSL 510(c) bars escalation outright and the figure is carried flat, which is exactly right. If you are Tier 2, the RSSL 78-a COLA applies to the first $18,000 of your allowance only; that cannot be written as a single rate, so the pension is carried flat and this page understates you by roughly five points. The Snapshot carries every tier rule in full.

    Everything here is worked out on your own device. There is no account, nothing is sent to us, and we never see what you enter. Your answers are kept in the web address of this page, so bookmarking it or sending it to your partner brings the figures back — which also means anyone with the link can see them.