Cost
- RB&I Active Members: $3.50 per pay period
- RB&I Retired Members: $7.00 per month
When a member has been a member in good standing for 25 years, the membership is considered paid in full and dues are no longer required.
Plan Benefits
RB&I Death Benefits for Active Members | |
---|---|
Active member | Designated beneficiary receives $25,000 |
RB&I Death Benefits for Retired Members | |
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Retired member with less than 25 years of service | Designated beneficiary receives $25,000 |
Retired member with 25 or more years of service or or before 07/01/2005 | Designated beneficiary receives $8,937.50 |
Retired member with 25 or more years of service after 07/01/2005 | Designated beneficiary receives $10,000 |
Cash Surrender Benefit
A $4,000 cash surrender benefit is available at any time to active members with 25 or more years of RB&I membership. Retired members* are also eligible for a cash surrender benefit as shown in the table below:
Years of Membership | Benefit Amount |
---|---|
25 or more | $4,000 |
24 | $3,840 |
23 | $3,680 |
22 | $3,520 |
21 | $3,360 |
20 | $3,200 |
19 or less | 100% of dues paid |
* To be considered a retired member, your retirement must have been approved by the Los Angeles Fire and Police Pensions at the time of your separation from the LAPD.
Benefits and dues may be subject to change. Please contact an RB&I Benefits Representative at 213-269-4640 or 866-963-0933 or send an email to [email protected] for current information.