Quote:
Originally Posted by GioforPM
Back when I was a teacher all I got was my contributions back when I left the profession, and I’d been there for 5-6 years. The employer contributions didn’t vest until MUCH later.
What I do know is that police pension plans are gold plated. They can retire young with incomes higher than most working people get. I’d be pretty wary of leaving a position with that benefit especially when Smith has been making noises which put government pensions at extreme risk across the board.
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The police pension is based on their last five years, so it depends. If that’s higher than most people get as they work, it’s higher. But there’s nothing stopping an officer from taking that early retirement and then working for the APP after that either.
And as far as the “government pensions at extreme risk” angle…is there evidence? Like aside from “Smith is an idiot” or whatever, what do you base that on? There are really no details on anything at this point, so I don’t see how you could come to that conclusion.