Municipal Police Officers' Retirement System (MPORS)
MPORS provides retirement, disability and death benefits to municipal police officers employed by first- and second-class cities, and other cities that adopt the plan.
| MPORS Summary of Benefits | |
|---|---|
| Final Average Compensation (FAC) |
|
| Years of Service required
and/or Age eligible for benefit |
|
| Vesting | 5 years. |
| Monthly Benefit Formula | 2.5% of FAC per year of service. |
| Guaranteed Annual Benefit Adjustment (GABA) | After the member has completed 12 full months of retirement, the member's benefit increases by a maximum of 3% each January, inclusive of all other adjustments to the member's benefit. |
| Minimum benefit adjustment (non-GABA) | If hired before July 1, 1997 and member did not elect GABA, the monthly retirement, disability or survivor's benefit may not be less than ½ the compensation of a newly confirmed officer in the city that the member was last employed. If a member or retiree elected GABA, the minimum benefit is not available. |
| MPORS Contribution Rates | |||
|---|---|---|---|
| Hire Date | Member | Employer | State |
| Hired after 6/30/75 & prior to 7/1/79 | 7.00% | 14.41% | 29.37% |
| Hired after 6/30/79 & prior to 7/1/97 | 8.50% | ||
| Hired on or after 7/1/97 & all previous hires electing GABA | 9.00% | ||
MORE INFORMATION ABOUT MPORS
Member Handbook This handbook contains valuable retirement information. The pdf file is large and may take some time to download. Available in both readable and printable versions.
MPORS is governed by the Montana Codes Annotated, Title 19, Chapter 2 and Chapter 9.
Actuarial Valuation as of June 30, 2011. A list of assests, liabilities and other information relevant to the MPORS trust fund.
Rule Notice A notice for changes to MPERA Rules that may impact MPORS.
