Tag: police
About 5 million employees in state and local government are not currently part of the Social Security system. Federal law tries to protect them by requiring that their traditional government pensions provide the same retirement benefits they would receive if they and their employers were instead contributing to Social Security. But the Center for Retirement…
Every now and then we release a study that is received with skepticism. Our current piece on police and fire retirement benefits is the most recent example. It makes the argument that these benefits are expensive – consistent with most people’s intuition – but that they constitute only 2 percent of total local government spending…
