Fire & Police Pension Association

Colorado Springs New Hire Pension Plan - Fire Component
Retirement Benefit Percentages Chart

This chart is for: Colorado Springs Firefighters hired PRIOR to October 1, 2006.
(Colorado Springs Firefighters hired AFTER October 1, 2006 are covered under the Statewide Defined Benefit Plan.)

This chart illustrates the percentage of pay you may receive in the form of a retirement benefit based on a) the years of service you accumulate and b) the age you will be when you retire. For more information about normal, early and vested retirements refer to the Colorado Springs New Hire Pension Plan - Fire Component Brochure .

Note: Normal Retirement Benefits are age 55 with 25 years of service, with a maximum benefit payable of 77%.

Yrs of	Age at Retirement
Service	50	51	52	53	54	55	56	57	58	59	60+

10						20.00	20.00	20.00	20.00	20.00	20.00
11						22.85	22.85	22.85	22.85	22.85	22.85
12						25.70	25.70	25.70	25.70	25.70	25.70
13						28.55	28.55	28.55	28.55	28.55	28.55
14						31.40	31.40	31.40	31.40	31.40	31.40
15						34.25	34.25	34.25	34.25	34.25	34.25
16						37.10	37.10	37.10	37.10	37.10	37.10
17						39.95	39.95	39.95	39.95	39.95	39.95
18						42.80	42.80	42.80	42.80	42.80	42.80
19						45.65	45.65	45.65	45.65	45.65	45.65
20	37.31	39.55	41.79	44.02	46.26	48.50	48.50	48.50	48.50	48.50	48.50
21	39.50	41.87	44.24	46.61	48.98	51.35	51.35	51.35	51.35	51.35	51.35
22	41.69	44.19	46.70	49.20	51.70	54.20	54.20	54.20	54.20	54.20	54.20
23	43.89	46.52	49.15	51.78	54.42	57.05	57.05	57.05	57.05	57.05	57.05
24	46.08	48.84	51.61	54.37	57.14	59.90	59.90	59.90	59.90	59.90	59.90
25	48.27	51.17	54.06	56.96	59.85	62.75	62.75	62.75	62.75	62.75	62.75
26	50.46	53.49	56.52	59.55	62.57	65.60	65.60	65.60	65.60	65.60	65.60
27	52.66	55.81	58.97	62.13	65.29	68.45	68.45	68.45	68.45	68.45	68.45
28	54.85	58.14	61.43	64.72	68.01	71.30	71.30	71.30	71.30	71.30	71.30
29	57.04	60.46	63.88	67.31	70.73	74.15	74.15	74.15	74.15	74.15	74.15
30	59.23	62.79	66.34	69.89	73.45	77.00	77.00	77.00	77.00	77.00	77.00
31	59.23	62.79	66.34	69.89	73.45	77.00	77.00	77.00	77.00	77.00	77.00
32	59.23	62.79	66.34	69.89	73.45	77.00	77.00	77.00	77.00	77.00	77.00
33	59.23	62.79	66.34	69.89	73.45	77.00	77.00	77.00	77.00	77.00	77.00
34	59.23	62.79	66.34	69.89	73.45	77.00	77.00	77.00	77.00	77.00	77.00
35	59.23	62.79	66.34	69.89	73.45	77.00	77.00	77.00	77.00	77.00	77.00

	= Normal Retirement				= Early Retirement				= Vested Retirement