A vested member is eligible for service retirement as indicated below, based upon his service retirement ratio. A member’s service retirement ratio shall, at retirement, be equal to the ratio of (1) to (2) as follows:
(1)  The number of years of credited service for which the member was classified as a police officer or firefighter:

Terms Used In Idaho Code 59-1341

  • Active member: means any employee who is not establishing the right to receive benefits through his or her employer’s participation in any other retirement system established for Idaho public employees, if such participation is mandated by applicable Idaho statutes other than this chapter. See Idaho Code 59-1302
  • Credited service: means the aggregate of membership service, prior service and disabled service. See Idaho Code 59-1302
  • Firefighter: means :
Idaho Code 59-1302
  • Member: means an active member, inactive member or a retired member. See Idaho Code 59-1302
  • person: includes a corporation as well as a natural person;
    • Idaho Code 73-114
  • Retirement: means the acceptance of a retirement allowance under this chapter upon termination of employment and, unless otherwise provided by law, requires a termination of employment from an employer participating in PERSI, the judges retirement fund, the firefighters retirement fund or the optional retirement plan. See Idaho Code 59-1302
  • Service: means being shown on an employer’s payroll as an employee receiving a salary. See Idaho Code 59-1302
  • Service retirement: means retirement by a member at or after age sixty (60) years for police officer members or at or after age sixty-five (65) years for general members. See Idaho Code 59-1302
    • (2)  The member’s total number of years of credited service.
    For service retirement ratio:
    Service retirement eligibility age is:
    0.000 to 0.100
    65
    0.101 to 0.300
    64
    0.301 to 0.500
    63
    0.501 to 0.700
    62
    0.701 to 0.900
    61
    0.901 to 1.000
    60
    A person who was an active member on June 30, 1985 shall be deemed to have a service retirement ratio of 1.000 either if the member was a police officer or firefighter on that date and continuously thereafter to retirement or if at the time of retirement the majority of the member’s credited service has been that of a police officer or firefighter.