Pensions - What Should I Do ?

Seeker1898 asked:


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!

Caroline

junglejoe asked:


… with his outrageous inflation?

Can you imagine being a poor senior citizen and seeing the value of your fixed pension cut by 50% in 4 years? What a nightmare that must have been!

Gabriella