A participant is any individual employed by the City as a full-time firefighter as defined by the Florida Statutes. The City makes contributions to the Pension Fund in accordance with the requirements identified in the actuarial valuation, and employees are required to contribute 10.5% of their pay into the plan. Employees become vested when they have completed 8 years of continuous service. The pension plan provides benefits upon retirement, and includes provisions for disability benefits.
