Members can view their LOPFI service credit, update contact and beneficiary information, perform various retirement benefit estimates and apply for retirement.
Benefit recipients can view their monthly benefit information, obtain a benefit verification letter, update tax withholdings and direct deposit information and obtain copies of their 1099-R.
Employer Reporting Portal
Provides employers access to the Employer Reporting Portal to submit monthly payroll reports, enroll new members, manage their contact information, obtain reporting history and access to the e-Payment utility.
Once you have logged into your Member Portal, select the "Personal Information" tab located on the left hand side toolbar. *Note retired participants cannot change their beneficiary information through their Member Portal. You must contact LOPFI in order to obtain the Change of Address/Beneficiary and/or Name form.
Click the “Change Name/Contact Information” button at the bottom of the screen to update your information.
After all information has been updated, you must click on the word “Submit” under the question “Submit these changes to LOPFI?” in order to submit your change.
You will receive a message asking “Are you sure you want to submit these changes to LOPFI?” Select “OK” to submit the changes.
If the change was successfully submitted, you should receive a green checkmark stating “The change was successfully submitted to LOPFI”
- You can only have one pending “Personal Information Change” at a time. If you wish to modify your change, you may remove/cancel the pending changes and submit a new one.
- To remove the pending change, select the “Cancel” button to the right of the pending change under the “Pending Changes” section.
- If you cannot see any “Pending Changes”, select the drop down arrows next to “Pending Changes”
Select “OK” to the prompt asking “Are you sure you want to cancel these changes?”
- If you are completing a name change, LOPFI requires a legible copy of your driver’s license and social security card reflecting your new name.
Members must meet one (1) of the four (4) retirement requirements to be eligible to draw a monthly retirement benefit, which are:
- any age with at least 28 years of credited service
- at least age 55 with at least 20 years of credited service
- at least age 60 with at least 5 years of credited service
- at least age 60 with at least 10 years of actual LOPFI credited service if hired on/after July 1, 2013
Members may elect an Early Reduced Retirement benefit at age 50 with at least 20 years of service or at any age with 25 years of paid service (time credited as a volunteer will not allow for eligibility at any age with 25 years). The monthly benefit is permanently reduced ½ of 1 percent (.05%) for each month you are younger than age 55 (which calculates to 6% a year for each full year under the age of 55).
Paid Service - Benefit Program 1 (BP1):
The amount of your retirement benefit depends on how many years of service you have, your Final Average Pay (FAP) (36 highest consecutive months of pay within the last 10-year period of LOPFI-covered employment) and the multiplier.
See the Member Handbook for a detailed explanation of benefits for Members covered by social security with their LOPFI employer.
See the Member Handbook for a detailed explanation of the benefits for Members not covered by social security with their LOPFI employer.
Paid Service - Benefit Program 2 (BP2):
BP2 is an optional Benefit Program that allows LOPFI-covered employers the ability to provide an enhanced lifetime monthly benefit for their paid police officers or paid firefighters. The same retirement eligibility requirements apply to Members covered under BP2 as the current benefit structure under BP1. Upon adoption of BP2, Members begin contributing 8.5% of their gross salary into LOPFI. Refer to the LOPFI Handbook for a detailed explanation of the benefit for Members under BP2.
Volunteer Service - Benefit Program 3 (BP3):
An indexed $6.54 times the total volunteer LOPFI service credit (years and months). The $6.54 rate is indexed each July to reflect the percentage increase in the Consumer Price Index (CPI). Multiply the total volunteer LOPFI service credit (years and months) by $6.54 to determine your monthly benefit. The maximum benefit for volunteer service is currently $261.60 ($6.54 x 40 years). Note the $6.54 rate will be effective July 1, 2017.
Volunteer Service - Benefit Program 4 (BP4):
BP4 is an optional Benefit Program that allows LOPFI-covered employers the ability to provide an enhanced lifetime monthly benefit for their volunteer police officers or volunteer firefighters. The same retirement eligibility requirements apply to Members covered under BP4 as the current benefit structure under BP3; however, those Members covered under BP4 will have an increased indexed amount.
Please log into your Member Portal and have a personal benefit estimate calculated for you!
Regardless of where you are in your career, the time to start thinking about retirement planning is now!
LOPFI is a statewide defined benefit retirement system for police officers and firefighters of political subdivisions in the State of Arkansas. A defined benefit plan means: a monthly benefit is provided based on a formula provided by law for the Member's lifetime. When a Member has met eligibility requirements and decides to retire, they will receive a monthly retirement benefit for their lifetime. (Please refer to the Member Handbook for eligibility requirements and Board Rule 15 under LOPFI’s Rules & Resolutions for the definition of a police officer and firefighter.)