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New Member
posted Apr 5, 2024 10:50:45 AM

City police department considered public pension?

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1 Replies
Expert Alumni
Apr 5, 2024 11:17:00 AM

Yes.  Public pension plans typically provide pensions based on members' years of service and average salary over a specified number of years of employment.

 

Many members also receive cost-of-living adjustments that help maintain the purchasing power of their benefits in retirement.