What will Karl Thompson's pension look like?

What will Karl Thompson's pension look like?

What will Karl Thompson's pension look like?

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by Katie Utehs & KREM.com

KREM.com

Posted on November 17, 2011 at 4:49 PM

Updated Saturday, Nov 23 at 10:19 AM

SPOKANE-- Thursday was Officer Karl Thompson's last day with the Spokane Police Department.
   
We've received viewer questions about Thompson's resignation and whether or not he's eligible for a pension following a conviction for excessive force and lying to investigators.

KREM 2's Katie Utehs found out the answer.
   
Officer Karl Thompson qualifies for his pension plan through the state of Washington.
   
Officer Karl Thompson worked at the Spokane Police Department for 14 years.
   
At the age of 64 he qualifies for retirement through the state's police officer and firefighter pension plan.
   
His conviction for excessive force and lying to investigators does not disqualify him from receiving the pension.
   
The state organization that oversees the retirement plans says there are two restrictions:
   
If a person is injured while committing a crime there are restriction on disability benefits or if you kill someone to cash in a retirement there will be no pay out.
   
If you've paid into the program you've earned the pension.

Thompson's retirement calculation: 2% times service credit years, time his final average salary. That equation gives the monthly benefit.
   
Thompson makes 72,000 a year but we don't know his service credit years with the state.
   
We’ve filed a public records request to see how much Thompson has earned in retirement.

Thompson will be given ten days to take legal steps to stop the request if he chooses.
 

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