PERS Peace Officer/Firefighter Plan

This information has been designed to give you a highlight of variation of benefits in the Public Employees' Retirement System (PERS) for peace officers or firefighters. For general information regarding benefits available to you as a PERS member, please see your PERS Information Handbook.

Pre-tax Employee Contribution

Members under the peace officer and firefighter plan contribute 7.5% of their eligible compensation to PERS.

Tiers

Your Tier date is established when you first become employed with a PERS employer into a PERS-covered position and are eligible to make contributions. The date you meet these requirements, your entry date, determines your tier.

  • Tier I- Entered 1/1/1961 - 06/30/1986
  • Tier II- Entered on or after 7/1/1986 - 06/30/1996
  • Tier III Entered on or after 7/1/1996

Retirement Eligibility

Tier I

Normal retirement age is 55, with early reduced retirement at age 50; member can retire at any age with 20 years of peace officer/firefighter service.

Tier II

Normal retirement age is 60, with early reduced retirement at age 55; member can retire at any age with 20 years of peace officer/firefighter service.

Normal retirement age is 60, with early reduced retirement at age 55; member can retire at any age with 20 years of peace officer/firefighter service.

Retiree Health Benefits

Tier I

System paid medical at retirement

Tier II

System paid medical at age 60 or with 25 years of peace officer/firefighter service

Tier III

Same as Tier II, but must have a minimum of 10 years of credited PERS service. System paid medical at retirement.

Benefit Formula

Your pension benefit is calculated using the number of years of service you have and the monthly average of your 3 highest consecutive years of salary (AMS) and a multiplier as set in Alaska Statute.

  • 2% x first 10 years x AMS; plus
  • 2.5% x all years after 10 x AMS

Disability Benefits

A disabled peace officer or fire fighter is eligible to apply for disability benefits if they are ill or injured and unable to perform the duties of their position.

The nonoccupational disability benefit is calculated on years of service and AMS, and it converts to a normal retirement benefit when a member is age-eligible. This benefit is considered taxable by the IRS, and is subject to the IRS early distribution penalty.

The occupational disability benefit is equal to 40% of the member's gross salary at the time of termination because of their disability. The IRS has determined this benefit is not taxable. Members receiving this benefit will accrue service until eligible for normal retirement, either by age or with 20 years of service.

At normal retirement, an occupational disabled peace officer or fire fighter may elect as their base retirement benefit either the 40% calculation or the service-calculated benefit, whichever is higher. In either case, the benefit is then taxable as income, and recipients are no longer subject to continuing eligibility retirements.

Occupational Death Benefits

The monthly survivor's benefit is equal to 50% of the member's gross salary at the time of death or termination of employment because of occupational disability.

For a peace officer or firefighter, the monthly survivor's pension is the greater of 50% of the gross salary or 75% of the normal retirement benefit they would have earned when they retired.