As shown in the table of contents, this handbook is divided into two main parts. The first part provides an overview of the System and the allowances and benefits it provides. In some cases, references within the overview direct you to more detailed information in the second part of the handbook. The second part contains the statutes that define and govern the System as of July 11, 2002.

Please keep in mind that if any difference exists between the overview and the statutes, the statutes will govern in all cases. If you have any questions about information in this handbook, please contact The Police Retirement System office at 241-0800.

Table of Contents
Overview

Police Retirement System Highlights
Membership
Contributions
Deferred Retirement Option Plan (DROP)
Service Retirement Allowance
Disability Retirement Allowance
Death Benefits
Refund of Member Contributions
Workers’ Compensation Offset

Important Definitions
Accumulated Contributions
Average Final Compensation
Board of Trustees
Break in Service
Dependent Children
Earnable Compensation
Prior Service
Surviving Spouse
Years of Service (Creditable Service)

While You Are Employed
Becoming a Member
Contributing to The Police Retirement System
Electing the Deferred Retirement Option Plan (DROP)
Exiting the Deferred Retirement Option Plan (DROP)
Purchasing Creditable Service (Portability)
Military Service
How to Reinstate or Purchase Creditable Service
In-Service Death
Accidental Service-Connected Death

If You Leave the Police Department
Direct Rollover Option

If You Retire
Reaching Service Retirement Eligibility
Receiving Your Contributions at Service Retirement
Calculating Your Service Retirement Allowance
Payment of Your DROP Account
Cost-of-Living Adjustments
Becoming a Special Consultant or Special Advisor
Special Consultants
Special Advisors
Death After Service Retirement

If You Become Disabled
Ordinary Disability Retirement Allowance
Determining Eligibility
Calculating Your Ordinary Disability Retirement Allowance
Additional Disability Retirement Allowance for Dependent Children
Maximum Allowance
Service Connected Accidental Disability Retirement Allowance
Determining Eligibility
Calculating Your Service Connected Accidental Disability Retirement Allowance
Becoming a Special Consultant
Recovery From Disability
Death During Disability