CITY OF BOCA RATON POLICE OFFICERS' PENSION PLAN ...
CITY OF BOCA RATON POLICE OFFICERS' PENSION PLAN ...
CITY OF BOCA RATON POLICE OFFICERS' PENSION PLAN ...
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TABLE <strong>OF</strong> CONTENTSIntroduction………………………………………………………………………… 2Administration……………………………………………………………………… 3Glossary of Terms………………………………………………………………….. 4Eligibility & Enrollment……………………………………………………………. 5Contributions & Funding………………………………………….............................. 5Purchase of Prior Service ...………………………………………………………... 6Eligibility for Retirement Benefits…..……………………………………………… 6Normal Retirement Benefits….………………………………………........................ 7Early Retirement Benefits…………………………………………............................. 7Benefit Payment Options………………………………………………………….. 8Deferred Vested Benefit……...……………………………………............................ 8Eligibility for Disability Benefits ……..……………………………............................ 9Disability Benefits…………………………………………………........................... 9Pre-Retirement Death Benefits……………………………………........................... 10Post Retirement Death Benefits…………………………………………………. 11Cost of Living Adjustments………………………………………………………. 11Deferred Retirement Option Plan (DROP)………………………………………. 11Retirement Supplement…………………..………….……………………………. 12Non – Vested Benefits…………………………………………………………..... 13Failure to Sign Waiver……………………………………………………………... 13Claims by Participants & Beneficiaries……………………………………………. 14Plan Amendments or Termination…………………………….…………………... 15Participant Data…………………………………………………………………… 15Financial Information and Actuarial Report………………………………………. 151