It’s not Christmas in August, but it might as well be for more than 4,300 current and former NYPD sergeants who are due windfall shares of a $20 million settlement for unpaid overtime.
The Sergeants Benevolent Association yesterday reached a settlement with the city for tens of thousands of hours of OT never paid to 4,304 current and former sergeants going back more than 11 years.
It was not yet decided how much each will get.
Ed Mullins, president of the SBA, told The Post the accord was hammered out over the last couple of days, forestalling an expected November trial on the amount of damages.
“I think it’s long overdue,” Mullins said.
“We believe it is in the city’s best interests,” city attorney Blanche Greenfield said of the settlement.
The agreement was the most recent chapter in the hotly contested case, Mullins vs. City of New York, which began as a 2004 lawsuit brought by the SBA challenging the way the department has paid overtime since April 2001.
The city was initially cleared after a five-day jury trial in July 2008, but the sergeants appealed and won their case last year.