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Municipal Fire and Police Retirement System provides pension benefits for municipal police officers and fire fighters in Iowa.
- About MFPRSI
MFPRSI 7155 Lake Drive, Suite 201 | West Des Moines, IA...
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MFPRSI Internet Contribution Reporting allows employers to...
- About MFPRSI
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.
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.
covered by the Municipal Fire and Police Retirement System of Iowa (MFPRSI) and university and community college personnel who elect other coverage. As a multiple-employer, cost-sharing pension plan with 381,922 members, IPERS is the largest public pension system in Iowa. In FY2021, the IPERS Trust Fund paid $2.365 billion in benefits.
Vested Benefits. Becoming a vested member gives you access to several benefits, including: Benefit Payments. Upon your retirement, you are eligible to receive monthly retirement benefits or a lump sum benefit payment. Employer Contributions. You are always entitled to 100% of your own IPERS contributions and interest earnings.
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.
Your total retirement income will come from a combination of your IPERS benefits, Social Security, personal savings, and any other retirement plan benefits. This booklet briefly explains certain rights and benefits of IPERS membership.
