(1) If a firefighter leaves the service of the municipality or special fire control district before accumulating aggregate time of 10 years toward retirement and before being eligible to retire under the provisions of this chapter, the firefighter shall be entitled to a refund of all of his or her contributions made to the firefighters’ pension trust fund after July 1, 1963, without interest, less any disability benefits paid to him or her after July 1, 1963.
(2) If a firefighter who has been in the service of the municipality or special fire control district for at least 10 years elects to leave his or her accrued contributions, if contributions are required, in the firefighters’ pension trust fund, such firefighter upon attaining the age of 50 years may retire at the actuarial equivalent of the amount of such retirement income otherwise payable to him or her, as provided in s. 175.162(4), or upon attaining age 55 years may retire as provided in s. 175.162(1).
History.—s. 1, ch. 63-249; s. 14, ch. 81-168; s. 29, ch. 93-193; s. 927, ch. 95-147; s. 22, ch. 99-1.
Structure Florida Statutes
Chapter 175 - Firefighter Pensions
175.021 - Legislative Declaration.
175.041 - Firefighters’ Pension Trust Fund Created; Applicability of Provisions.
175.051 - Actuarial Deficits Not State Obligation.
175.071 - General Powers and Duties of Board of Trustees.
175.081 - Use of Annuity or Insurance Policies.
175.091 - Creation and Maintenance of Fund.
175.101 - State Excise Tax on Property Insurance Premiums Authorized; Procedure.
175.1015 - Determination of Local Premium Tax Situs.
175.1215 - Police and Firefighters’ Premium Tax Trust Fund.
175.122 - Limitation of Disbursement.
175.141 - Payment of Excise Tax Credit on Similar State Excise or License Tax.
175.151 - Penalty for Failure of Insurers to Comply With This Act.
175.162 - Requirements for Retirement.
175.171 - Optional Forms of Retirement Income.
175.191 - Disability Retirement.
175.201 - Death Prior to Retirement; Refunds of Contributions; Death Benefits.
175.211 - Separation From Service; Refunds.
175.221 - Lump-Sum Payment of Small Retirement Income.
175.231 - Diseases of Firefighters Suffered in Line of Duty; Presumption.
175.241 - Exemption From Tax and Execution.
175.261 - Annual Report to Division of Retirement; Actuarial Valuations.
175.301 - Depository for Pension Funds.
175.311 - Municipalities, Special Fire Control Districts, and Boards Independent of Each Other.
175.361 - Termination of Plan and Distribution of Fund.
175.371 - Transfer to Another State Retirement System; Benefits Payable.