Pension Benefit

The POAB Fund provides monthly benefits to all members who meet Vesting Requirements. As of July 1, 2021, the base rate for each year of creditable service is $30.00. The base rate pension amount (Single Life Option) is calculated by multiplying the years and months of creditable service by the Base Rate Amount.

Examples:

• 10 years X $30.00 = $300.00 per month
• 18 1/2 years X $30.00 = $555.00 per month
• 28 1/2 years X $30.00 = $855.00 per month
• 30 years X $30.00 = $900.00 per month (Maximum)

At retirement, a member can choose to designate survivor benefits to a spouse. To learn more about Survivor options, head over to our Retirement Options page.

Retired officers with less than 30 years of POAB service credit are eligible to work in law enforcement no more than 1,040 hours within a calendar year. 

Retirees with less than 30 years of creditable service who return to law enforcement are required to inform the POAB Fund of his/her return to law enforcement.  For more information about the options in this case, please see Retirees Returning to Law Enforcement.

Members must apply for retirement benefits within 90 days from the date of eligibility to avoid losing retirement benefits. After 90 days, the Fund will not provide retroactive retirement benefits; the member's retirement will be Effective upon Receipt. Members who are unable to apply for benefits within 90 days due to extenuating circumstances will need to request these retroactive benefits by writing to the Board of Commissioners.

Request your personalized retirement package 4-6 weeks before you are eligible to retire with the POAB Fund.