Do you know what it costs Bloomfield Township residents to have employees retire at age 50? Many can do this if they have been in the BT workforce for 25 years. If that retiree lives to 90, that is 40 years in retirement. A conservative estimate is $2.4M.
Average patrol man/fireman pension – $60K x 40 years = $2.4M plus very low cost healthcare for family.
Fire or Police Chief pension – $115K x 40 years = $4.6M plus very low cost healthcare for family.
Bloomfield Township taxpayers cannot afford to pay these outrageous benefits. Contacts in 2026 must be changed.