Annapolis Police and Fire Retirement Plan

Annapolis Police and Fire Retirement Plan is a public pension fund based in Annapolis, Maryland. The fund provides retirement, disability, and death benefits to its members and beneficiaries. Participants with twenty years of service and hired before August 1, 1972, or those hired between August 1, 1972, and August 1, 1979, and age 55, are eligible for benefits equal to 2% of average earnings times years of service to a maximum of thirty years, but no benefits are provided for early retirement. Participants in the revised version of the plan with twenty-five years of service are eligible for benefits equal to 2% of average earnings times years of service to a maximum of thirty-seven and one-half years. The assets are managed by the board of directors.