Pension

The Fire and Police Pension Fund of San Antonio is a defined benefit public pension fund that guarantees retirement security for approximately 6,000 police officers, firefighters and their families — even during periods of economic volatility. At a time when many Americans are concerned about running out of money in retirement, members of the SA Fund remain confident about their futures because, unlike some pension funds across the country, the SA Fund is well-managed and fiscally sound by all industry standards due to its high funding ratio, high mandatory member contribution rate and conservative investment strategies.

The SA Fund‘s defined benefit structure provides benefits based upon the member’s earning history and length of service to the City of San Antonio. Current pension law indicates officers will be paid according to the following schedule:

Years of Service                      Percentage of Total Average Salary

20                                                        45%

23                                                        60%

25                                                        70%

27                                                        80%

30                                                        86%

Keep in mind pension benefits are available regardless of age. A 21 year old can retire at 51 with 30 years of service and receive an 86 percent pension for the rest of his or her life.  For a complete listing of benefits for years 20 through 33 download the Summary Plan Document here.  You can also visit safireandpolicepension.org.