Forbes: Police Fastest Growing Group of New Millionaires

It’s said that government workers now make, on average, 30% more than private-sector workers. Put that fantasy aside. It far underestimates the real figures. By my calculations government workers make more than twice as much. They are America’s fastest-growing group of millionaires.

Doubt it? Then ask yourself: What is the net present value of an $80,000 annual pension payout with additional full health benefits? Working backward the total NPV would depend on expected returns of a basket of safe investments–blue-chip stocks, dividends and U.S. Treasury bonds.

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    “COP City” Miami suburb where Police, Fire, DHS and other Public Safety professionals all circle their wagons. Think Neighborhood Watch with M-16′s and FLIR. Yep. For real…