Submitted by greenhousecrtv t3_11c6n94 in Pennsylvania
WookieeSteakIsChewie t1_ja396y3 wrote
Reply to comment by Super_C_Complex in Pennsylvania Makes Progress Toward Public Employee Pension Sustainability by greenhousecrtv
To retire at 45 as a trooper you'd either need to start at 25 and take the 20 year retirement that is 50% of your highest salary or start at 20.
You can't get hired as a trooper until you have 60 college credits and are at least 21. So at best you're not retiring at 75% until you're 46, and even then most troopers don't start the job until they're in their mid-late 20s and there's a mandatory retirement age of 60.
What I'm saying is the concept you're after doesn't happen much and is a silly argument.
round_stick t1_ja3jiug wrote
That's a really high pension. Wow.
WookieeSteakIsChewie t1_ja3ksxf wrote
When googling the PSP retirement I saw a thing saying the average PA State employee retires at 82% of their salary. I can't find it again to prove that point, so it could be moot.
Super_C_Complex t1_ja3yvv5 wrote
They retire at 75% of their highest paid years. But that could include overtime.
So it could be higher than their salary if they get less overtime as they get older
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