Retirement
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Thread: Retirement

  1. #1
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    Retirement

    I read online that you guys pay 7% into the police pension fund. Do you guys also pay into social security? Or is the retirement like Tampa's where they only pay into their city retirement and not into social security?

  2. #2
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    We pay into social security as well

  3. #3
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    It's only 7% so it's a good deal. You get a pension after 20 years on duty and Social Security when you turn 62. If you can't make it on that plus your personal savings you did something wrong.

  4. #4
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    The main thing it's going to be a LONG 20 years here. It's getting worse not better. The last 20 years is a lot different that the next 20. Look at the politics, look at the trends and what is happening in the city and police work in general. It pays to do your homework before you make a decision of this magnitude. Can you spend 20 years working for a public, politicians and command staff that despise you? That's a long dangerous couple of decades

  5. #5
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    25 years OR age 55 with whatever percent you accrued at that time with 3% for every year of service.

  6. #6
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    Can current Leo's buy time into the pension plan at St. Pete?

  7. #7
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    I think I know the answer but...

    Is this a city retirement or FRS?

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