At the June meeting there was
discussion on the 2006 Pension Protection Act.
Refer to page 26 of the 2012 1040 Income Tax
) partially quoted here: "Insurance
Premiums for Retired Public Safety Officers
If you are an eligible retired public safety
officer (law enforcement officer, firefighter,
chaplain, or member of a rescue squad or ambulance
crew), you can elect to exclude from income
distributions made from your eligible retirement
plan that are used to pay the premiums for
coverage by an accident or health plan or a
long-term care insurance contract. You can do this
only if you retired because of disability or because
you reached normal retirement age. The premiums can
be for coverage for you, your spouse, or dependents.
must be from a plan maintained by the employer from
which you retired as a public safety officer. Also,
the distribution must be made directly from the plan
to the provider of the accident or health plan or
long-term care insurance contract. You can exclude
from income the
smaller of the amount of the premiums or $3,000. You
can only make this election for amounts that would
otherwise be included in your income. An eligible
retirement plan is a governmental plan that is a
qualified trust or a section 403(a), 403(b), or
457(b) plan. If you make this election, reduce the
otherwise taxable amount of your pension or annuity
by the amount excluded."
You must use a 1040X amended tax
form, for 2012 and each prior year. The 1040X, Line
C requires you to explain the reason you are
amending your 1040 for each specific year.
Below, is a nearly verbatim wording of what one
accountant wrote on Line C.
"Taxpayer was unaware of the Pension Protection Act
of 2006, which allows him to take a deduction for
health insurance premiums paid by his pension
against his gross pension income, as a retired
police officer. The taxpayer had $__________
deducted from his pension income, reducing his
pension income from $________ to $_________. This
change resulted in a $__________ refund."
For those of you in NYS you can find out the amount
you paid for your health insurance by going to
note that you must register to access your account.
Here members of the NYS police and fireman’s
retirement can view their accounts and print any
necessary payment forms.
Editor's Note: This is only informational -
please see your tax preparer or accountant for
HR 218 Qualifying
Course of Fire (PDF format)
Florida Division of Licensing web site has current
information on Concealed Carry Reciprocity for those
members who have a Florida Concealed Weapon/Firearm
This site has information on
applying for a Florida Concealed Weapon License:
Here is a link to HR 218 "The Law
Enforcement Officers Safety Act of 2004":
Here is an update to HR 218,
Public Law 111-272
passed October 12, 2010