3.0% at 55 PERS retirement plan. The retirement
plan is based on the following simple formula:
Number of years served * 3.0% of your ending salary = your retirement salary
For example, an Officer with 20 years of service at age 55 (or over) would be eligible
for 60% of their salary (20 years * 3 = 60% of final salary):
If the officer's ending salary was $100,000, this person would earn 60% of their
$100,000, or $60,000 for the remainder of their life.