Their retirement will be based on that bloated last year wage! It often will double their retirement, all at the ripe old age of 50-55.
Their are teachers in Michigan that retire at 55 with $80, 000.00 a year plus paid insurance for life.
They do have to put in grueling 6 1/2 hr days 180 days a year though.
I forgot to mention, those bloated pentions are tax free too.