LOPFI Overview

The Local Police and Fire Retirement System (LOPFI) is a statewide retirement system for paid and volunteer police officers and firefighters of political subdivisions in the State of Arkansas. LOPFI was created by Act 364 of the 1981 Arkansas General Assembly and became operative January 1, 1983.

LOPFI policy is established by a 7-member Board of Trustees: 2 trustees who are active members of the system, 1 police officer and 1 firefighter, nominated by their respective employee groups, and appointed by the Governor; 2 employer representatives from governing bodies of participating political subdivisions and appointed by the Governor from a list submitted by the Arkansas Municipal League; 2 retired members, 1 police officer and 1 firefighter, appointed by the Governor from a list provided by the Joint Committee on Public Retirement and Social Security Programs; and 1 citizen who is neither an employee nor employer of the system appointed by the Governor from a list submitted by the Joint Committee on Public Retirement and Social Security Programs. An executive director is appointed by the Board and administers the system in a manner consistent with law and Board Policy. Board meetings are open to the public and approved minutes from their meetings are available on the website.

The Board is authorized to formulate and adopt rules to govern the administration of the system.

Reports

Annual Report

2023 Annual Comprehensive Financial Report

2022 Annual Comprehensive Financial Report

2021 Annual Comprehensive Financial Report

Compiled Valuation

2023 Compiled Valuation

2022 Compiled Valuation

2021 Compiled Valuation

Governmental Accounting Standards Board (GASB)

2023 GASB Reports

2022 GASB Reports

2021 GASB Reports

Proxy Vote Tabulation Report

2023 Proxy Tabulation Report