Once you have logged into your Member Portal, select the "Personal Information" tab located in the left hand side toolbar or select the "Update Name/Beneficiaries" or the "Update Contact Information" option located under the "I want to..." section of your Account Detail page.  Add or update the information as needed in the appropriate fields provided and then select “Submit Changes”.

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.”

Since retired Local Plan participants cannot change their beneficiary information through the Member Portal, you must contact LOPFI in order to obtain the Address, Beneficiary and/or Name Change form.

Helpful Hints:

• 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 be submitted by mail or email (faxes not accepted).

Members must meet one (1) of the following requirements to be eligible to receive a monthly retirement benefit:

• any age with at least 28 years of credited service
• age 55 with at least 20 years of credited service
• age 60 with at least 5 years of credited service or 10 years of credited service*

_{* Members that left LOPFI-covered employment prior to July 1, 1998 have a ten (10) year vesting requirement; Members that were active on July 1, 1998 and Members hired prior to July 1, 2013 have a five (5) year vesting requirement; Members hired on/after July 1, 2013 have a ten (10) year vesting requirement.}

Active Members may elect an Early Reduced retirement benefit at age 50 with at least 20 years of credited 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).  Members that take an Early Reduced retirement benefit cannot return to LOPFI-covered employment.

Paid Service - Benefit Program 1 (BP1): The amount of your retirement benefit depends on how many years and months 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 current multiplier.

See the Member Handbook for a detailed explanation of benefits for Members covered/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 Member Handbook for a detailed explanation of the benefits under BP2.

Volunteer Service - Benefit Program 3 (BP3): An indexed $6.96 times the total volunteer LOPFI service credit (years and months).  The $6.96 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 $6.96 to determine your monthly benefit.  The maximum benefit for volunteer service is currently $278.40 ($6.96 x 40 years).  The $6.96 rate was effective July 1, 2020.

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.  The maximum benefit for volunteer service is currently $450.80 ($11.27 x 40 years).  The $11.27 rate was effective July 1, 2020.

Please log into your Member Portal and have a personal benefit estimate calculated for you!