Home › Forums › Other › My next door neighbor was a cop, still under 60, been retired for more than 5 yrs › We’re not talking averages.
We’re not talking averages. We’re talking the group that is rapidly growing with much larger pensions. AS highlighted in the prior link.
That’s the nice thing about statistics, it’s how you slice them.
The chart on page 47 should show you how CalPers can trot out a nice low number.
http://www.lhc.ca.gov/studies/204/Report204.pdf
(printed page 31, pdf page 47)
If you had 30 years or more of service, the average retirement was $66,000.
About half are retiring withless than 20 years of service.
