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  1. Benefit formulas are established by Iowa Code Chapter 411. Revisions can only be instituted by the Iowa General Assembly. The Board of Trustees and the Administration of the retirement system are required to administer in compliance with the statutory provisions.

  2. Welcome to the Retirees section of MFPRSI’s web site. If you are a retiree receiving benefit payments from MFPRSI or the beneficiary of a deceased member, you will find information in this section to help you understand the benefit programs of the retirement plan.

  3. IPERS' Road to Retirement tool can help you know what your membership group, age, and years worked in IPERS-covered employment mean to your journey. Simply click "Start Now" and you'll be speeding toward understanding your individual retirement information.

  4. Iowa Code Chapter 411. Retirement and Disability System for full time Fire Fighters and Police Officers employed by Cities. MFPRSI retirement is 66% of high three-year salary average (not including overtime). Members are eligible at age 55 with 22 years of service.

  5. IPERS, a public agency, was established for the sole purpose of providing a retirement plan to public employees throughout Iowa. As a public agency, IPERS’ goals are aligned with members’. IPERS benefits are designed to supplement personal savings and Social Security benefits in retirement.

  6. The Iowa Municipal Fire and Police Retirement System (MFPRSI) is a Iowa state pension fund that provides retirement, disability, and survivor benefits to municipal firefighters and police officers in the state of Iowa and their families.

  7. MFPRSI is a well funded, well managed, and efficient pension system, providing reliable retirement and disability benefits for nearly 8,500 Iowans. With a funding level of 82.0%, the system’s funding is above average according to pension industry standards.

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