News
Notice of Meeting
Notice of Meeting of the 411 Working Group
Municipal Fire & Police Retirement System of Iowa
Location: MFPRSI Offices, 7155 Lake Drive, Suite 201, West Des Moines, IA 50266
Office Phone: (888) 254-9200
September 4, 2025 - 1:00 p.m. - 3:00 p.m.
May Minutes
Minutes for the May 8, 2025, Board of Trustee meeting have been ratified by the Board and are now available. Please select the link below to view minutes for meetings that have occurred over the past twelve months.
Board of Trustee meeting minutes
June Flash Report
A flash report for the June 26, 2025, Board of Trustee meeting is now available. The flash report provides a brief summary of both the topics discussed and motions passed at the board meeting.
July 1 Contribution Rate Changes
Effective July 1, 2025, the participating city’s contribution rate for the Iowa Code Chapter 411 retirement plan will be 22.555% of earnable compensation and the member contribution rate will be 9.675% of earnable compensation.
Previously, the rate of contribution for participating cities starting July 1, 2025, was reported to be 22.68%. The new contribution rate is established by the passage of House File 969 (HF 969) by the Iowa General Assembly and signing by Governor Kim Reynolds. HF 969 …
1099-R Box 5 Guidance
Each January MFPRSI sends 1099-R forms to its members and beneficiaries receiving taxable benefits. This form is used to report distributions from MFPRSI and it displays several pieces of useful information for reporting personal annual taxes to the IRS and state government.
The 1099-R form may include an amount in Box 5. The heading of Box 5 states, “Employee contributions/Designated Roth contrib. or insurance premiums.” For MFPRSI purposes, however, Box 5 represents the member’s/beneficiary’s after-tax contributions recovered tax free for …
2024 Annual Report
MFPRSI's 2024 Annual Report has been posted to the website and is now available. Please select the link below and click on "Download PDF" next to the 2024 Annual Report to view the document.