To be eligible for a retirement benefit, a firefighter must be at least 50 years old, have enough years of service to be vested, and be separated from active service for a minimum of 30 days.
Benefit Options
Rollover
If you transfer your benefit to a tax qualified plan that accepts rollovers, your benefit will not be taxed at the time of the transfer. Your benefit will be mailed to you but issued to your tax-qualified plan.
Lump-Sum
If you choose a lump-sum payment you are subject to federal taxes and state taxes.