LA’s former assistant fire chief was paid $1.4 million last year, topping city’s list of highest-paid retirees
The assistant fire chief,
DROP allows a public safety employee to earn a salary and a pension at the same time for as many as five years. During those years, the pension payments are put into an account where they collects interest. When the employee retires, the money can be withdrawn all at once or rolled over into an annuity.
Frazeur's pension was paid out at as part of the
The next highest-paid public safety pension earner was former Deputy Police Chief
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