The PORAC Retiree Medical Trust is a tax-free funding vehicle that helps law enforcement members pay for medical expenses during retirement.
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.
In interviews, some former Minnesota chiefs cited fatigue and anti-police sentiment as part of their rationale for leaving.
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.
“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.”
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.
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.
“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.
Here are a few thoughts I've collected over the years of knowing a great many retired officers who are incredibly happy and successful after they've shelved the uniform, returned to civilian ranks, and done amazing things as "regular people" after leaving active-duty.
A detective with the Warren (RI) Police Department who suffered a staph infection in 1998 and has been on paid medical leave ever since has reportedly retired.
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