Paterson has agreed to pay retired police Chief Troy Oswald $326,381 in separation pay, city officials said Friday.

Oswald, who retired Feb. 1, will receive the money mostly for unused leave time and comp days, city officials said Friday. He has been the city’s police chief for less than two years.

The pay includes $169,459 for unused leave time, $88,269 for 720 “muster/de-briefing” hours or “terminal leave,” and $58,846 for 480 comp time hours, officials said.

Mayor Andre Sayegh’s business administrator, Vaughn McKoy, authorized the $326,381 payment to Oswald on Tuesday and the former chief is expected to receive the money later this month.

Sayegh, contacted Friday, declined to comment on the matter.

Oswald was sworn in on March 16, 2018. He was Paterson’s 16th chief of police and a police officer for 31 years, according to a cached version of his biography published on the department website. Oswald’s bio has since been removed from the site. He was making $210,600 annually, according to state payroll data.

NorthJersey.com reported Oswald’s separation payment exceeded those given to his two predecessors.

Former Chief William Fraher got a $210,000 separation payment in 2015, and Fraher’s predecessor, James Wittig, got $185,000, according to the report.

Anthony G. Attrino may be reached at tattrino@njadvancemedia.com. Follow him on Twitter @TonyAttrino. Find NJ.com on Facebook.

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