Pensions for bargaining unit members employed by the Hazleton City Fire Department, shall be vested after completing 12 years of service and thereby, entitled to 100% vesting of the accrued benefit to be paid at normal retirement date and in strict accordance with 53 P.S. § 39320.1, as amended.
NOTE: 53 P.S. § 39320.1, as amended, has been repealed by 2015, Nov. 24, P.L. 242, No. 67, § 2(2), effective in 60 days. [Jan. 25, 2016]
NOTE: 53 P.S. § 4320.1 of the Third Class City Code now provides as follows: Limited Vested Benefit for Firefighters — (a) The ordinance establishing a firefighters' pension fund my provide for a limited vested benefit if [such] it would conform to Section 305 of the act of December 18, 1984 (P.L. 1005, No. 205), known as the "Municipal Pension Plan Funding Standard and Recovery Act."
(a.1) Under a limited vested benefit, if a member of the firefighters' pension fund has not completed the minimum period of continuous service and any applicable minimum age requirement but has completed 12 years of full-time service, and if, for any reason, shall cease to be employed as a full-time firefighter, the member shall be entitled to vest the member's retirement benefits subject to the following conditions:
(1) The member must file with the management board of firefighters' pension fund a written notice of the member's intention to vest.
(2) The member must include in the notice the date the member intends to terminate service as a full-time firefighter.
(3) The termination shall be at least 30 days later than the date of notice to vest.
(4) The member must be in good standing with the fire department on the date of notice to vest.
(5) The board shall indicate on the notice to vest the rate of the monthly pay of the member as of the date of the notice to vest or the highest average annual salary which the member received during any five years of service preceding the date whichever is the higher.
(b) Upon reaching the date which would have been the member's retirement date had the member continued [his or her] full-time employment with the fire department, the member shall notify the board in writing that the member desire to collect the member's pension.
The amount of retirement benefits the member is entitled to receive under this section shall be computed as follows:
(1) The portion of the base retirement benefits due the member shall be determined by applying to the base amount the percentage that the member's years of service actually rendered bears to the years of service which would have been rendered had the member continued to be employed by the department until the member's minimum retirement date.
NOTE: Article 15, Pensions, Section 5 of the Collective Bargaining Agreement dated January 1, 2021, provides that pensions shall be vested after 12 years of service to the fullest extent permitted by law.