Quote:
Originally Posted by JDMStyo
Pretty sure they're comfortable bro - esp after 5+ years and defined benefit pension (thanks government!)
$100k+ OT after 4 years and that's just STARTING.
|
The way the police's defined benefit pension plan works is, they'd be entitled to earn a "full pension" -- ie. 70% of their salary based on the 5 highest earning years in their career -- after working for ~23 years.
Eons ago when I was in undergrad, police came on campus to hold recruitment drives. Had I knew about this golden pension back then, I would have applied there fresh out of ugrad.
Imagine being hired at 22, then work for 23 years, and then I can retire with a nice pension package at 45 to pursue whatever else I want... Damn, was I ever stupid to not consider that...