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That $2 million also happens to be the implied booty of your average California policeman who retires at age 55. Typical cities in California have a police officerâs retirement plan that works as follows: 3% at age 50.
FERS â Special Category Employees If you are a law enforcement officer, firefighter or air traffic controller, you can retire at age 50 with 20 years of service or at any age with 25. In either case, your annuity would be calculated using the following formula: