Summary of Plan - Plan C

This Plan was mandatory for full-time career Park Police hired on or after January 1, 1979, and prior to July 1, 1990. Effective July 1, 1990, all Plan C Members were transferred to Plan D, and Plan C was closed to new Members. As a result of subsequent collective bargaining, Plan C was amended and reopened for all new Park Police Officers hired after July 1, 1993. Plan C also includes members who elected, on or before October 25, 2002, to transfer from Plan D to Plan C.

Employee Contributions

Plan C members contribute 8% of their base pay for each pay period.

Normal and Early Retirement Benefits

A member may retire with full benefits after attaining the age of 55 with at least five years of Credited Service, or after completing 25 years of Credited Service regardless of age. The annual amount of retirement benefits payable to a member who retires on or after his/her Normal Retirement Date shall be in an amount equal to 2.4% of his/her Average Annual Earnings, multiplied by years of Credited Service up to 25 years. For a member who retires with exactly 25 years of Credited Service, the annual amount of his/her benefit shall be 60% of his/her Average Annual Earnings. The annual amount of retirement benefits payable to a member who retires with more than 25 years of Credited Service shall be in an amount equal to 60% of Average Annual Earnings plus 2% of Average Annual Earnings, multiplied by years of Credited Service in excess of 25 years. A member may retire with reduced benefits after completing 20 or more years of Credited Service.

Death Benefits

If a Participant is survived by a spouse, and the Participant died either: (a) as a result of a service-connected accident or illness; or (b) after the Participant had attained 10 or more years of Credited Service, the spouse shall be entitled to an annual benefit, payable until death, in an amount equal to the greater of the following:

(a) An amount equal to the benefit at his/her Normal Retirement Date on the basis that the deceased had continued as a Participant, at the same Base Pay received during his/her last completed year of employment; or

(b) 25% of the Final Annual Base Pay of the Participant.

If a Participant is survived by a spouse, and the Participant died as a result of a non-service-connected accident or illness and the Participant had less than 10 years of Credited Service, the spouse shall be entitled to an annual benefit, payable until death, in an amount equal to 25% of the Final Annual Base Pay of the Participant.

In both instances of service-connected and non-service-connected death, if a Participant does not leave a surviving spouse entitled to the benefits, or if the surviving spouse should die, then benefits shall be payable to the surviving children. Children shall receive benefits until they reach the age of 18, or the age of 23 if a full-time student. If the surviving children are totally disabled and incapable of self-support, then benefits are payable until their death.

See the publication Summary Plan Description (SPD) - Park Police (Plans C & D) and the Summary Description of Material Modifications (SMM) - Park Police (Plans C & D) for more information.

If any information conflicts with the Retirement Plan Document, the terms of the Retirement Plan Document shall prevail.