As for why we are not in FRS and are in this Chapter 175 plan let me address that with this. Every Homeowner in South Walton pays a 1.85% excise tax on your homeowner insurance. You would pay this regardless of what the local FD retirement plan is. You also pay a similar tax on your car insurance this money goes to fund these plans for police officers it’s called a Chapter 185 plan. With us being in this plan the money you spend does not just go somewhere else. They actually return that money to this retirement plan. So you should feel good that your tax money is here and not down in south Florida. Maybe the elected officials got this one right? Also, the only person making six figures is Chief Talbert who is making right at 113k/year. Sean Hughes was at around 103k/year but we all know where we are with that. I believe someone also made a comment about working 25yrs like (only!). I invite anyone to come do this job for 25 years and see what kind of toll it takes on you physically and mentally. That being said I love that fact that I get to help people and I feel like I make a decent living providing this crucial service to you. You will never hear me say I have it bad, all I have to do is look at the FD that I pay taxes too to see what bad is. I don’t think you want 60 year old guys crawling down the hallway of your house in hopes of getting you dragged out. Especially since our gear weighs 50-70lbs alone. I also don’t think you want a 60 year old police officer chasing an 18 year old fugitive. It is things like this that make this a young man’s Job. That is why these plans offer retirement at 25 years. I don’t hear you complaining about how full time military personnel can retire after 20 years. I will say something else it’s a travesty that they only get 50% of their salary after those 20 years. I don’t see how it’s a bad thing to make sure the people who protect us are taken care of later in life. I did find out one more thing regarding the life span assumption. It uses a table and does not mention any specific ages. I am now trying to track down a copy of that lifespan table.