Vesting Requirement
A POAB member is vested after a minimum of 10 years (if joined prior to June 30, 2010) or 15 years (if joined on or after July 1, 2010) of creditable service with the POAB Fund. There are three ways to be eligible to draw your pension:
- Members who are vested with POAB, at least 55 years old, and out of law enforcement.
- Members who joined prior to July 1, 2009 (and have not rejoined at any point after), have 30 years of creditable service with the POAB Fund, and are at least 55 years old are allowed to draw a pension and continue working in law enforcement full time.
- Members who have 30 years of creditable service with POAB and have left law enforcement may draw a pension prior to turning 55.
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. Should a member be unable to apply for benefits within 90 days due to extenuating circumstances, they will need to request these retroactive benefits by writing to the Board of Commissioners.