Plan Design & Benefit Information

The monthly Pooled Benefit is determined by the Trustees and is based on actuarial analysis and years of active service. A retired firefighter can begin collecting a benefit for reimbursement of Covered Expenses, after eligibility rules are met, and may collect the benefit for their lifetime*.

In addition to the Pooled Benefit described above, the Plan also includes Employee Accounts for reimbursement of Covered Expenses, in which pre-tax leave transfers and contributions for less than 5 years are placed. The firefighter has 6 investment options for this account and may access the full account at separation of service or if participation in the Trust was less than 5 years. If a bargaining group has accumulated leave and it is allowed by your MOU, it may be transferred pre-tax into this Trust during the Firefighters career and/or upon separation of employment. There is no individual election to transfer leave, it must be determined by each bargaining group and applied across the bargaining group. Firefighters with less than 5 years of participation in the Plan can access their contributions through their Employee Account for reimbursement of Covered Expenses at separation of service.

The Board of Trustees may adjust the components of this Plan from time to time. This is only a summary of the Plan and does not replace the specifics of the Plan Document.

*It is the intent of the Trustees to provide a lifetime benefit for reimbursement of Premiums and/or Covered Expenses; however, this is not guaranteed. The Trustees have the authority to change the amount or duration of benefits in order to ensure the health of the Trust. Nonetheless, it is important to note that under Federal Law, Trust funds may only be spent on reimbursements of Eligible Premiums and/or Covered Expenses and on the reasonable cost associated with administration.