Anonymous wrote:So what jobs would someone get after retiring from MPD in their 40’s? I see this often with military as well where the skills they learned in don’t count for much out.

Anonymous wrote:So what jobs would someone get after retiring from MPD in their 40’s? I see this often with military as well where the skills they learned in don’t count for much out.

Anonymous wrote:What the starting pay without previous police or military experience?

Still, not a job I’d want to do.

Anonymous wrote:

Anonymous wrote:National Association of Colleges and Employers projected compensation for 2025 graduates by major:

Engineering = $78,732
Computer Sciences = $76,251
Math and Sciences = $69,709
Social Sciences = $67,316
Business = $65,276
Agriculture and Natural Resources = $63,122
Communications = $60,353

The ROI for college gets worse and worse each year.

College majors with the highest unemployment rates:

Anthropology, 9.4%
Physics, 7.8%
Computer engineering, 7.5%
Commercial art & graphic design, 7.2%
Fine arts, 7.0%
Sociology, 6.7%
Computer science, 6.1%
Chemistry, 6.1%
Information systems & management, 5.6%
Public policy and law, 5.5%

I don’t doubt these National figures. You obviously have never seen the compensation reports inside a F500. Are there business majors and engineers in podunk country, working for a middling 500 person firm? Absolutely, and they probably make nothing. Hence these numbers. All I can say there are millions. Millions. Of people working inside F500 companies who with salary bonus and stock are easily making 150-200k a year. And that’s just individual contributors and early management. You can say they are tethered to a phone, okay, but they also are racking up business class air miles, traveling the world, flexibility to WFH (yep it still exists), some companies are only in office 2 or 3 days a week, some companies have in house day cares. It’s lame to pull some generalized list of stats and claim this. This is the money and life you’re competing with. That’s not reality. At all.

Anonymous wrote:National Association of Colleges and Employers projected compensation for 2025 graduates by major:

Engineering = $78,732
Computer Sciences = $76,251
Math and Sciences = $69,709
Social Sciences = $67,316
Business = $65,276
Agriculture and Natural Resources = $63,122
Communications = $60,353

The ROI for college gets worse and worse each year.

College majors with the highest unemployment rates:

Anthropology, 9.4%
Physics, 7.8%
Computer engineering, 7.5%
Commercial art & graphic design, 7.2%
Fine arts, 7.0%
Sociology, 6.7%
Computer science, 6.1%
Chemistry, 6.1%
Information systems & management, 5.6%
Public policy and law, 5.5%

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:People need to think long and hard about their childrens' future. Even if your kids don't have college debt, earning too little means a diminished capacity to save for retirement. The time value of money comes into play if your college graduate accepts a job that pays $50k fannually or 40-50 hours per week. In D.C. the MPD pays recruits $66,419 starting in the academy. After the 18 month probation period the salary goes to $72,668(a 9.5% pay increase). Just three years later the salary jumps to $88,327(a 21.5% pay increase). Recruits get a $25k hiring bonus as well. If you work a later shift you get an extra 3%-4% salary bump.

The most important aspect for young workers to consider is the pension and 457(b) deferred compensation plan. This is huge difference maker for young men and women getted started in their careers. At MPD you can retire after 25 years with 62.5% of the average of your best 3 years salary. That's at least $62,500 a year FOR LIFE. If you join at 21 or 22 that means you're retired by 47 and you can work another job. If the 22 year old works to the age of 52 they'd receive at least $80k per year for life. When you couple that with the 457(b) there's no reason why an MPD officer couldn't fully retire by 55-57 with a very nice nest egg.

Police officers don't get downsized. They make very good money once you factor in overtime. They get pensions and deferred compensation plans. They have good healthcare plans, a college saving plan, housing assistance and they're covered by a union. It's highly unlikely you student will get a better, more stable offer when they graduate.

How much are their pensions? My spouse retired from the military at 38, but the pension was under $1K a month not including taxes and insurance so its about $500 or so when all that is taken out. Certainly not enough to live on. The housing assistance is minimal and often its more expensive than other options. Union is hit or miss on if they will actually help, same with other county jobs.

It’s probably similar to what I receive as a retired teacher, although I benefit from having two pensions. Like the pp said I started just prior to turning 22 and retired just before age 52 and now work part-time. I have a 403b. The additional police officer benefits such as overtime pay, housing allowances, and such are nice, but I imagine the added stress and work hazards one has to take on would not be something I could handle.

Anonymous wrote:

Anonymous wrote:People need to think long and hard about their childrens' future. Even if your kids don't have college debt, earning too little means a diminished capacity to save for retirement. The time value of money comes into play if your college graduate accepts a job that pays $50k fannually or 40-50 hours per week. In D.C. the MPD pays recruits $66,419 starting in the academy. After the 18 month probation period the salary goes to $72,668(a 9.5% pay increase). Just three years later the salary jumps to $88,327(a 21.5% pay increase). Recruits get a $25k hiring bonus as well. If you work a later shift you get an extra 3%-4% salary bump.

The most important aspect for young workers to consider is the pension and 457(b) deferred compensation plan. This is huge difference maker for young men and women getted started in their careers. At MPD you can retire after 25 years with 62.5% of the average of your best 3 years salary. That's at least $62,500 a year FOR LIFE. If you join at 21 or 22 that means you're retired by 47 and you can work another job. If the 22 year old works to the age of 52 they'd receive at least $80k per year for life. When you couple that with the 457(b) there's no reason why an MPD officer couldn't fully retire by 55-57 with a very nice nest egg.

Police officers don't get downsized. They make very good money once you factor in overtime. They get pensions and deferred compensation plans. They have good healthcare plans, a college saving plan, housing assistance and they're covered by a union. It's highly unlikely you student will get a better, more stable offer when they graduate.

How much are their pensions? My spouse retired from the military at 38, but the pension was under $1K a month not including taxes and insurance so its about $500 or so when all that is taken out. Certainly not enough to live on. The housing assistance is minimal and often its more expensive than other options. Union is hit or miss on if they will actually help, same with other county jobs.

Anonymous wrote:

Anonymous wrote:Mandatory overtime is no joke. Spend some time on the law enforcement threads on reddit. I think your spouse would have to be a SAHP to make this work with kids.

Our daughter has never worked a minute of mandatory overtime in her 6 years on the force. You need to remember that reddit is Latin for $#it stirring. It’s a clubhouse for serial malcontents.

Anonymous wrote:Mandatory overtime is no joke. Spend some time on the law enforcement threads on reddit. I think your spouse would have to be a SAHP to make this work with kids.

Anonymous wrote:

Anonymous wrote:How old is too old to be a police officer? Can you start in your 50's?

this is what i'd like to know. how about early 60s?

Anonymous wrote:

Anonymous wrote:People need to think long and hard about their childrens' future. Even if your kids don't have college debt, earning too little means a diminished capacity to save for retirement. The time value of money comes into play if your college graduate accepts a job that pays $50k fannually or 40-50 hours per week. In D.C. the MPD pays recruits $66,419 starting in the academy. After the 18 month probation period the salary goes to $72,668(a 9.5% pay increase). Just three years later the salary jumps to $88,327(a 21.5% pay increase). Recruits get a $25k hiring bonus as well. If you work a later shift you get an extra 3%-4% salary bump.

The most important aspect for young workers to consider is the pension and 457(b) deferred compensation plan. This is huge difference maker for young men and women getted started in their careers. At MPD you can retire after 25 years with 62.5% of the average of your best 3 years salary. That's at least $62,500 a year FOR LIFE. If you join at 21 or 22 that means you're retired by 47 and you can work another job. If the 22 year old works to the age of 52 they'd receive at least $80k per year for life. When you couple that with the 457(b) there's no reason why an MPD officer couldn't fully retire by 55-57 with a very nice nest egg.

Police officers don't get downsized. They make very good money once you factor in overtime. They get pensions and deferred compensation plans. They have good healthcare plans, a college saving plan, housing assistance and they're covered by a union. It's highly unlikely you student will get a better, more stable offer when they graduate.

How much are their pensions? My spouse retired from the military at 38, but the pension was under $1K a month not including taxes and insurance so its about $500 or so when all that is taken out. Certainly not enough to live on. The housing assistance is minimal and often its more expensive than other options. Union is hit or miss on if they will actually help, same with other county jobs.