The City of Port Orange offers three insurance options: Two HMO options and one high deductible health plan with a funded Health Savings Account. Supplemental insurances such as Dental and Vision are also available.
Life Insurance The City of Port Orange will enable the employees to insure themselves under a group life insurance plan with the amount available being one times base annual salary rounded to the next higher thousand. The employer will pay the premium.
Pension Plan The Port Orange Police Department operates a private pension fund. The City of Port Orange maintains the actuarial soundness of the plan, with employees contributing only eight percent of annual salary. Highlights of the plan are listed below.
Normal retirement is 48 years of age with 10 years of credited service.
Early retirement age is 45 years of age with 10 years of credited service. The early retirement benefit is the normal benefit level reduced by 3% for each year by which the participant's age at retirement preceded the normal retirement age.
An insurance supplemental retirement benefit is as follows: $100 per month after 10 years of service. An additional $10 per month for each complete year of service in excess of 10 to a maximum of $100.
Prior Credited Service Buy-Back:Employees may buy back up to 4 years of prior military or full-time law enforcement service, provided such service is not associated with another retirement fund.
Paid Time Off Full-time patrol officers working 84 hours bi-weekly will earn 148 hours of annual leave and 100.8 hours of sick leave annually.
Other Benefits • 10 paid holidays annually • Sick time sell back program • College tuition reimbursement program • All necessary equipment provided