back of a uniformed officer that says Police (Photo: Shutterstock)

Pensions and retiree health benefits for first responders—police and firefighters—are different in a number of ways from those offered to other employees of local governments.

And while some of the differences are pretty well known, such as higher costs for municipalities and earlier retirements, and get plenty of headlines implying (or saying outright) that such benefits are profligate, others are not. And they don’t get much news ink when it comes to municipality budget discussions about those costs.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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