Retirement Questions
As provided in D.C. Code §5-712, sworn employees must be mandatorily retired at age 60. Consistent with the law, extensions of this requirement, up until t...
Tue, 19 Nov, 2019 at 7:43 AM
On date of hire with MPD, lateral law enforcement officers are automatically covered under the Police & Fire Plan as new Plan participants in the curren...
Tue, 19 Nov, 2019 at 7:47 AM
Lateral law enforcement officer (LLEO) service is prior law enforcement experience outside of the District of Columbia Metropolitan Police Department (MPD) ...
Sat, 23 Nov, 2019 at 11:28 PM
As a lateral hire you are automatically covered under the District of Columbia Police Officers and Firefighters’ Retirement Plan (Police & Fire Plan), a...
Sat, 23 Nov, 2019 at 11:32 PM
For optional (normal) retirement, you must have 25 years of MPD service and for deferred retirement (age 55) you must have 5 years of MPD service. There is ...
Sat, 23 Nov, 2019 at 11:32 PM
Your retirement benefit depends upon whether you retire under optional, disability or deferred retirement. Each type of retirement uses a formula to calcula...
Sat, 23 Nov, 2019 at 11:33 PM
Only if purchased at full actuarial cost. Your prior LLEO service is not automatically credited under the Police & Fire Plan. You may purchase some or a...
Sat, 23 Nov, 2019 at 11:33 PM
That depends on how much prior service you want to buy, when you buy it, and how you pay for the purchase. The purchase can be very costly and may significa...
Sat, 23 Nov, 2019 at 11:34 PM
An actuarial calculation uses the actuarial present value (APV) to determine the cost of providing future benefits. The APV means the value of expected ben...
Sat, 23 Nov, 2019 at 11:34 PM
The decision to purchase all or some of your service is completely voluntary. In general, because the purchase can be costly, you may want to confer with a ...
Sat, 23 Nov, 2019 at 11:36 PM