{"data":{"id":"us-id/idaho-code-72-1435","jurisdiction":"us-id","citation":"Idaho Code § 72-1435","heading":"Voluntary retirement — Years of service determine pension benefit.","body":"(1) Any Option I firefighter, as provided in section 72-1434, Idaho Code, who has had the contributions remitted as provided in sections 72-1431 and 72-1432, Idaho Code, for the same number of years as he claims for service as a paid firefighter in Idaho, may at his option retire, and upon retirement shall be paid from the public employee retirement account a monthly sum during the remainder of his life equal to:\n(a) after twenty (20) years of service and contributions, forty percent (40%) of the average paid firefighter’s salary or wage; or\n(b) after twenty-one (21) years of service and contributions, forty-five percent (45%) of the average paid firefighter’s salary or wage; or\n(c) after twenty-two (22) years of service and contributions, fifty percent (50%) of the average paid firefighter’s salary or wage; or\n(d) after twenty-three (23) years of service and contributions, fifty-five percent (55%) of the average paid firefighter’s salary or wage; or\n(e) after twenty-four (24) years of service and contributions, sixty percent (60%) of the average paid firefighter’s salary or wage; or\n(f) after twenty-five (25) years of service and contributions, sixty-five percent (65%) of the average paid firefighter’s salary or wage.\nAll benefit payments to Option I firefighters shall be based on the average paid firefighter’s salary or wage in this state as defined in section 72-1431, Idaho Code. Option I monthly benefit payments shall vary annually according to the determination of the cost of living adjustment as set forth in section 72-1471, Idaho Code.\n(2) Any Option II firefighter, as provided in section 72-1434, Idaho Code, who has had the contributions remitted as provided in sections 72-1431 and 72-1432, Idaho Code, for the same number of years as he claims for service as a paid firefighter in Idaho, may at his option retire, and upon retirement shall be paid from the public employee retirement account a monthly sum during the remainder of his life equal to:\n(a) after twenty (20) years of service and contributions, forty percent (40%) of his average salary or wage; or\n(b) after twenty-one (21) years of service and contributions, forty-five percent (45%) of his average salary or wage; or\n(c) after twenty-two (22) years of service and contributions, fifty percent (50%) of his average salary or wage; or\n(d) after twenty-three (23) years of service and contributions, fifty-five percent (55%) of his average salary or wage; or\n(e) after twenty-four (24) years of service and contributions, sixty percent (60%) of his average salary or wage; or\n(f) after twenty-five (25) years of service and contributions, sixty-five percent (65%) of his average salary or wage.\nAll benefit payments to Option II firefighters shall be based on his average final compensation as defined in section 72-1404, Idaho Code. Option II monthly benefit payments shall vary annually according to the determination of the cost of living adjustment as set forth in section 72-1471, Idaho Code.","path":["TITLE 72 WORKER’S COMPENSATION AND RELATED LAWS — INDUSTRIAL COMMISSION","CHAPTER 14 FIREMEN’S RETIREMENT FUND"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title72/t72ch14/sect72-1435/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:52:39Z","sha256":"205f58340427e0b2bb0973740702ca3ce7d79759113564c953981ac54f14f61b","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-72-1434","next":"us-id/idaho-code-72-1441"},"notice":"GroundRules: Original legal text. Not legal advice."}