42 employees reported this benefit
There are various plans to select.
10 years to get healthcare for life!
Great and fair pension plan.
After 30 years of service police and fire departments should receive life time medical benefits
You'd be hard pressed to find a retirement benefit this good anywhere else. It only takes a little over 4% out of your paycheck, and offers a huge benefit. Yes, it takes 10 years to vest, but after that the city will pay you 22.5% of your salary from retirement age to the grave. Add 2% onto that for each additional year. So, at 28-years-old if I work for the city until I retire (let's say 68) I'm taking home 82.5% of my old annual salary, social security checks, and whatever money I have in my own retirement account! I guarantee you most of my peers won't be sitting so pretty.
very good pension, but we have to work here about 30 year to get 80 % of salary
firefighters have one of the worst pensions in the country in this city, as long as firefighters go
Plan keep updating. Requires long term vesting to be of significant benefit.
Pension plan is not optional. However, different plan options are offered. Must be vested with city for 10 years before you can touch your fund.
That there is a pension plan!