119 of 182 officers joined the police pension fund after June 28, 2011, so they are in Tier 3.
Tier 3, joined after June 2011119
Tier 2, joined 2010 to 20111
Tier 1, joined by May 201062
The tier is set by the date an officer joined the fund: Tier 1 on or before May 21, 2010, Tier 2 after May 21, 2010, and on or before June 28, 2011, Tier 3 after June 28, 2011.
What an officer pays in
10 percent of base salary.
Retiring after 25 years, Tier 3
60% of final compensation, plus 1% for each year over 25 up to 30 years. Maximum 65%.
Retiring after 25 years, Tier 1 and 2
65% of final compensation, plus 1% for each year over 25 up to 30 years. Maximum 70%.
How much does a Lakewood Township Police officer make?
The middle officer at Lakewood Township Police had a base salary of $153,426 as of June 30, 2026. The middle half of its 182 officers earned between $86,250 and $154,492. That counts every rank and leaves out overtime.
How many officers does Lakewood Township Police have?
182 officers were in the police pension fund at this department as of June 30, 2026.
How experienced are Lakewood Township Police officers?
The middle officer has 10 years of service. 40 of 182 have under 5 years and 45 have 20 or more.
What this is: the salary each officer earns toward a pension, as their employer reported it to the state for the four most recent quarters before June 30, 2026. It is base salary for every rank from new officer to chief. The state file has no job titles, no overtime and no total pay, so a department with many senior officers shows a higher middle salary.