The Police and Fire Pension is a defined benefit pension system providing retirement, disability and survivor benefits for Police Officers and Fire Fighters, and their families.
Police and Fire Pension Plan A provides benefits including a 64% normal age and service retirement at age 50 and 25 years of service. For details on all benefits please refer to the following:
All links are in PDF Format
Police and Fire Pension Plan B provides benefits including a 58% normal age and service retirement at age 53 and 21 years of service. For details on all benefits please refer to the following:
Police and Fire Pension Plan C provides benefits including a 54% normal age and service retirement at age 53 and 21 years of service. For details on all benefits please refer to the following:
The committee consists of nine members. Two board positions shall be filled by the City Finance Director and the City Personnel Director; two board positions shall be elected by secret ballot by the active paid police officers of the City; two board positions shall be elected by secret ballot by the active paid firefighters of the City; and three board positions shall be appointed by the Mayor, after consultation with the other six members, subject to approval by the City Council. The three appointed members shall have at least five years demonstrated experience in financial, actuarial, investment or employee benefit plan matters.
Investment Board Meeting Minutes (All links are in PDF Format)
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