Are police officer pensions, health and other benefits great after 25 years of service?
Hi all! I’m planning on becoming a police officer and I’m already in the process of really researching the career out from top to bottom. Are police officer pensions and benefits great after 25 years of service? In general, in today’s dollars and excluding future inflation, could I expect to get at least $2,500 per month after retirement in net pay plus great health and other benefits? Any answers would be greatly appreciated. Thanks!
Well I can tell you this, at the federal level it is outstanding, not sure about the local and state level. Economists believe that law enforcement is the only true recession proof career! America needs good people because we have some trying times ahead. The best advice I can give you regarding retirement is contribute heavily to your 401K!
Retired police officers do have good benefits. It varies by municipality, though. Who knows what the pension will be by the time you retire, or what the cost of living will be by then. it’s hard to predict an exact dollar amount. Look at it this way, if you put in 25 years on the force, you will still be young enough to retire and start a new career if you want. A friend of mine did that and now he owns a luncheonette and is quite happy with his new life.
Yes the pensions are very good…… there may be a min. age for retirement…….they are better now than when I retired in 1990…..after 20 years…….I get about 3 grand a month which I am still very happy with……. but I retired in Central America where prices are very low compared to US….. I do pay for Health and Drug Ins….. about 300 a month….. I keep it because if something serious happens I go to the US ……
don’t plan on anything until you pass the necessary qualifications.
good idea though a friend of mine became an officer at 20 retired at 45 and then went to work for ibm for 20 years. now living high on the hog.
benefits are great.
Hola soy Policìa de la Provincia de Buenos Aires Argentina desde hace 25 años, me quedan 7 de servicio para jubilarme con el l00 por cien del sueldo que calculo rondarà en 9000 pesos o sea 2100 dòlares de Uds. la verdad no saben como los envidio por que se pueden jubilar a los 20 años, sigo trabajando conduciendo una Direcciòn de Investigaciones y a veces los nervios (destrozados) me juegan malas pasadas pero los domino, les mando saludos y que disfruten de sus jubilaciones (el sentimiento de ser y sentirse Policìa no tiene fronteras)