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2021.06.08 WS Packet
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2021.06.08 WS Packet
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12/29/2021 1:30:20 PM
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Firefighters Relief Association <br /> Benefit Provisions <br /> • Twenty year service pension <br /> Lump sum of $8, 500 (currently) per year of <br /> service upon retirement at age 50; state law <br /> caps maximum annual benefit at $ 15,000 <br /> • Partial vesting begins at 10 years of 11% <br /> service (60% then four-percent annually) � - <br /> • Current members : <br /> vested (20 years or more) 5 <br /> partiallyvested ( 10- l9years) 16 <br /> non-vested less than 10 1 7 <br />
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