CHP, Cal Fire Unions Push for New Deferred Retirement Plan
The plan aims to retain experienced CHP officers and Cal Fire firefighters by offering a lump-sum payout plus monthly pensions with a guaranteed 5% return from CalPERS.
9 Articles
9 Articles
CHP, Cal Fire unions push for new deferred retirement plan
Unions for California Highway Patrol officers and Cal Fire firefighters are asking the state for a new retirement option that would complement their CalPERS pensions. It might reduce some pension-related payroll costs to the state. This content Why California cops and firefighters are pushing for a new perk on top of their pensions appeared first on inewsource.
Why California cops and firefighters are pushing for a new perk on top of their pensions
A full career as a California Highway Patrol officer or a Cal Fire firefighter often ends with a six-figure pension that provides a comfortable retirement after countless hours spent in harm’s way.
California Cops and Firefighters Push for New Perk on Top of Their Pensions
This story was originally published by CalMatters. Sign up for their newsletters. By Adam Ashton CalMatters A full career as a California Highway Patrol officer or a Cal Fire firefighter often ends with a six-figure pension that provides a comfortable retirement after countless hours spent in harm’s way. This year, the unions that represent CHP officers and state firefighters are seeking a different end-of-career incentive: The opportunity to a…
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