Except as provided in subsection 2, each firefighter, including the chief of a fire department, employed by a participating local district that provides a special retirement benefit under section 18453, subsection 4 or 5, shall contribute to the Participating Local District Retirement Program or have pick-up contributions made by the employer at a rate of 8% of earnable compensation as long as employed as a firefighter.
2007, c. 491, §221 (AMD)
A participating local district may elect to reduce the rate of contribution set out in subsection 1 to 6.5% of earnable compensation
for all fire fighters who continue employment after attaining eligibility for retirement during the remainder of their employment
as fire fighters.
1985, c. 801, §§ 5, 7 (NEW)
1985, c. 801, §§5,7 (NEW).
1987, c. 256, §26 (AMD).
1987, c. 739, §§38,48 (AMD).
2007, c. 491, §221 (AMD).
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