New York City Employment Lawyer

The Orland Park Fire Department is offering a retirement package to its battalion chiefs that reportedly can save the district $300,000 over the next five years.

The Fire Department has been re-organizing its upper management for the majority of the year. This plan fits in with the organization. The Fire Chief was sure to point out that it had nothing to do with the people in the positions but more to do with the positions.

Battalion chiefs who qualify and want to retire have until October 1st to accept a retirement incentive package. To qualify, a chief must have a minimum of 25 years of full-time experience and become fully eligible for a pension as of his 50th birthday. The chiefs then have to agree to retire by their 50th birthday or their 30th anniversary with the district, whichever comes later.

The firefighters’ pension fund allows for regular retirement when a member reaches age 50 with 20 years of service. The pension benefits available to an individual increase with the number of years of service. The maximum pension benefit is reached when a person has 30 years of service.

If you are going through a dispute over a pension benefits package, contact the New York City pension dispute lawyers of Cary Kane at 212-868-6300.