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Municipal Police Retirement (Group 4)

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Posted by: FedCop

Can anyone explain with clarity how the Municipal Police Retirment (Group 4) works? For example; minimum length of service, age at retirment, and retirement percentage based on "high 3."



Posted by: j809

Must be at least 55 years old, and max is 80% of top three years for 32 years of service, OT,Details are not included, only Quinn,Diff and a few other stipends.



Posted by: firefighter39

Quote:
Originally Posted by FedCop
Can anyone explain with clarity how the Municipal Police Retirment (Group 4) works? For example; minimum length of service, age at retirment, and retirement percentage based on "high 3."

Middlesex Retirement system has a great web site that will answer most, if not all, of your questions about municiple retirements - length of service is just one component of retiremnt calcualtions, age also plays into this

http://www.middlesexretirement.org/



Posted by: Gil

Nice calculator... http://wpb1.webproductionsinc.com/mi...nefitscalc.asp



Posted by: mikemac64

members of the Norfolk County Retirment Systen can look here.... http://norfolkcountyretirement.org/



Posted by: Gil

Bristol County... http://www.bristolcountyretirement.org/



Posted by: FedCop

Thanks for all the information. It seems that the municipal retirement is better than the feds.



Posted by: Macop

Retirment in this state is a joke.



Posted by: dave2886

Hey guys, I'm thinking about lateralling up there from NC...Is the retirement plan statewide for all municipal officers, or are there individual city retirements? Here in NC it's a state retirement system for all LEOs.

Quote:
Originally Posted by Macop
Retirment in this state is a joke.
Why do you say that? Seriously, as someone who's thinking about moving back to MA, I want to hear all the pros and cons about the retirement!

Disregard my last, I found out about the retirement system....freakin' retarded, if you ask me...are they seriously saying a DA deserves to be in group 4, but a UMass-Amherst cop is in group 2? WTF?



Posted by: Edmizer1

You are right about UMASS Amherst being in group 2 is a joke. It has been close to being moved to group 4 but it always seems to fall just short. UMASS is a great job although very busy. Their drawback is no Group 4 and no Quinn Bill.



Posted by: Macop

The base salary is still very good, espcecially when you consider the cost of living is very reasonable in Western Ma, and there are tons of details and OT.





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