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Tag: retirement
Command
Columbus, OH, to Pay Deputy Chiefs $300K to Retire Early
Council approved a buyout of deputy chiefs who have 25 years of experience. Those deputy chiefs can retire early and get a $300,000 payout if they choose to.
August 3, 2022
Patrol
Senators Propose Allowing Tax Exclusions for Retired Cops, First Responders for Healthcare
“Currently, it is extremely difficult for retired first responders to utilize an existing benefit that helps cover certain health care expenses, which is why I introduced this legislation that would ensure these retirees can make tax-free withdrawals from their pension and direct those amounts to qualifying insurance premiums.”
May 27, 2022
Patrol
Columbus Could Lose 100 Officers to Retirement Buyback Program
With the program moving forward, there’s more concern during a time when the department is already understaffed. In 2021, 140 officers left the department with just 50 hired.
February 8, 2022
Training
Covering the Retirement Health Insurance Gap
You may retire before you are eligible for Medicare and your healthcare benefits are subject to change, so you have to make plans for covering your medical expenses.
January 4, 2022
Patrol
Protect Your Future With Our Tax-Free RMT
PORAC Retiree Medical Trust
The PORAC Retiree Medical Trust is a tax-free funding vehicle that helps law enforcement members pay for medical expenses during retirement.
November 30, 2021
Patrol
Live Long and Prosper: Planning for Retirement from Policing
Regardless of where you are in your law enforcement career, there's no better time than the present to give at least a little bit of thought to the future—a future following your time in policing.
September 24, 2021
Command
Stress, Anti-Police Sentiment Causing MN Chiefs to Retire Early
In interviews, some former Minnesota chiefs cited fatigue and anti-police sentiment as part of their rationale for leaving.
September 22, 2021
Patrol
Baltimore Police Must Work 5 More Years for Pension Vesting
The lawsuit by Baltimore police and firefighters has been winding through the courts since a 2010 city council decision to change existing laws on when employees can retire and receive pension benefits.
August 17, 2021
Patrol
Las Vegas Police Retirements Up 37%
“If an anti-police environment were driving separations, we would expect to see a large number of separations with years of service insufficient to retire,” Larry Hadfield, department spokesperson, said in an email. “So far, we have not seen that.”
March 5, 2021
Patrol
NYPD Ranks Thinning Out at Alarming Rate
As of Tuesday, 2,171 cops have left the department in 2020. That’s a 72% increase from the 1,262 who left during the same period of 2019.
October 9, 2020
Patrol
Chicago Police Retiring at Twice Usual Rate
Chicago police officers have been retiring at double the normal rate recently, raising concerns that the number of new hires won’t keep pace with the number leaving.
August 18, 2020
Patrol
NYPD Overwhelmed by Officer Retirement Requests
“Apparently, the pension section is only taking a certain amount of people per day and I think they are backed up ’til late July, early August,” one cop said.
July 9, 2020
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