The folks at the DMV have a sweet retirement in the early tiers. But they are not gaming the state retirement system anything like the early tier Anchorage city cops are. City cops have the same 50% at 20 years based on the average of the high 3 years. The cops can accept or reject any and all overtime based on seniority. So when a cop has 17 years he takes all the overtime he can possibly work with little sleep. With all that overtime he can finish making $250,000.00 plus a year for 3 years to base his 50% calculation on. So now he can get over $10,000.00 every 30 days for the rest of his life. If he got on at age 21 he can retire at age 41. tax payers pay him $10,000.00 that's TEN THOUSAND a month plus for possibly 60 years after only 20 years service. Unfunded pension liability is going to be huge for Alaska. $10,000.00 a month is a great retirement even if they had to wait until age 65 like the rest of us do. They can collect the 10 grand and go back to work full time as a cop.