Publications
2024 Actuarial Report
HUB International, MFPRSI's actuarial services provider, presents its annual actuarial data for MFPRSI using asset data as of June 30, 2024, and census data as of July 1, 2024. The report is used to determine the normal contribution rate payable by the participating cities, and the funded status.
2024 Annual Report
The 2024 Annual Report provides an overview of the retirement system's financial positions, actuarial highlights, benefit structure, investment performance, and various statistical measures as of June 30, 2024.
2024 Audit Report
MFPRSI's independent auditor, Eide Bailly, provided this report on the financial statements of the retirement system. The firm audited the statement of fiduciary net position and the statement of changes in fiduciary net position as of June 30, 2024, and June 30, 2023. Eide Bailly presents its opinion that the financial statements of MFPRSI are presented fairly.
Benefit Handbook
The intent of Member Benefit Handbook is to provide information to the membership and other interested parties concerning the benefits and programs of MFPRSI.
Disability Retirement Brochure
This brochure provides information about MFPRSI's disability retirement benefits covering the differences between accidental and ordinary disability benefits, mental disability requirements, the application process, and more.
2025 Investment Policy
The investment policy provides a guideline for the retirement system's investment portfolio. This document provides the framework for decisions to be made that balances the risk accepted for the return generated.
IPIO
This document describes in detail the components of the investment program involving the Board, management and staff of the retirement system, external legal counsel, external auditor, and external investment consultant.
MFPRSI Legislative Guide
Guide provided to Iowa legislators describing the retirement system's purpose and goals. Includes information current as of June 30, 2024.
Divorce & MFPRSI Benefits - MPOs
Provides summary information for members and their legal representation regarding Marital Property Orders (MPOs) and how they can affect pension benefits.
MFPRSI Update Winter 2025
MFPRSI Update is a newsletter for its membership published twice each year by MFPRSI. Volume 61 was published in January 2025 and covers a variety of topics including a profile on Laura Schaefer, board member; the 2025 Outreach schedule; an update on the passage of the Social Security Fairness Act and how it repeals both the Government Pension Offset (GPO) and Windall Elimination Provision (WEP); and, more!
Nearing Retirement Brochure
An informative brochure for members nearing retirement and thinking about starting the retirement process.