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It's competitive out there, and I know you want the job. So learn the kinks in the process. Don't fall for them. Instead, work your plan as an intelligent job applicant.
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You can't turn on the television these days without hearing about the economic crisis that's affecting not only the U.S., but the entire world. So it stands to reason that many retirement funds are suffering as a result. Some public sector pension plans are relatively unaffected, while others were too fragile to weather the financial storm.
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Some citizens are quick to blame police officers themselves for pension funding issues, not understanding the underlying causes. This is why the prospect of citizens who are uninformed or misinformed voting on pension issues is worrisome.
Read More →Public employees typically have access to a defined benefit pension, which may not include Social Security, or a defined contribution savings plan. Learn the difference between the two.
Read More →There has likely never been a more aggressive and contested petition drive in San Diego history than the one under way to put an initiative before voters that would end guaranteed pensions for most new city hires and give them 401(k)s instead.
Read More →San Diego's employee retirement board is voted to lower the pension rate guarantee from 7.75 percent to 3.54 percent effective July 1.
Read More →A strong and generous pension is the least society can do for your years of service.
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