| Minneapolis Police Relief Assn
Rates for
January 1, 2008 - October 14, 2008 |
|
|
|
|
|
|
|
|
|
|
|
| Annual Salary of First-Grade Top Patrol Officer |
|
$ 92,773.09 |
|
| Monthly Salary of First-Grade Top Patrol Officer |
|
$
7,731.09 |
|
|
|
|
|
|
|
|
|
|
|
|
| (Calculated
on a Biweekly salary x 26.1) Biweekly salary
is:
....... |
$
3,554.52 |
|
| {Includes longevity, shift differential, physical fitness program, overtime,
sick time, |
|
|
|
| clothing
allowance, 60 hours compensatory time, vacation cash out, holiday pay) |
|
|
|
|
Unit Value (1/80th of
Monthly Salary)…....… 96.64 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| SERVICE PENSIONERS |
|
|
|
|
|
|
|
| (NOTE: Those retired prior to
1953, |
|
|
|
| all were converted to 20 yr.
pensions |
|
|
|
|
|
|
|
| with the
inception of escalation 1/1/98) |
|
|
|
|
|
|
|
| 15.4 |
units |
9
yrs |
1488.26 |
|
TEMPORARY DISABILITANTS |
|
| 17 |
units |
10 yrs |
1642.88 |
|
40 |
units |
3865.60 |
|
|
|
|
18.6 |
units |
11 yrs |
1797.50 |
|
|
|
|
|
|
|
|
20.2 |
units |
12 yrs |
1952.13 |
|
SURVIVING SPOUSES |
|
| 21.8 |
units |
13 yrs |
2106.75 |
|
23 |
units |
2222.72 |
|
|
|
| 23.4 |
units |
14 yrs |
2261.38 |
|
|
|
|
|
|
|
|
25 |
units |
15 yrs |
2416.00 |
|
DEPENDENT CHILDREN |
|
| 26.6 |
units |
16 yrs |
2570.62 |
|
8 |
units |
773.12 |
|
|
|
| 28.2 |
units |
17 yrs |
2725.25 |
|
|
|
|
|
|
|
| 29.8 |
units |
18 yrs |
2879.87 |
|
|
|
|
|
|
|
| 31.4 |
units |
19 yrs |
3034.50 |
|
|
|
|
|
|
|
|
35 |
units |
20 yrs |
3382.40 |
|
MONTHLY DUES |
|
|
Widow |
| 36.6 |
units |
21 yrs |
3537.02 |
|
MPRA
Dues |
$
7.73 |
|
$
3.87 |
| 38.2 |
units |
22 yrs |
3691.65 |
|
Retired
Assn. Dues |
$
7.73 |
|
$
3.87 |
| 39.8 |
units |
23 yrs |
3846.27 |
|
|
|
|
|
| 41.4 |
units |
24 yrs |
4000.90 |
|
|
|
|
|
|
43 |
units |
25 yrs |
4155.52 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| . |
|
|
|
|
Active
Bi-Weekly Dues (8%): |
|
$ 284.36 |
|
|
|
|
|
Active
Bi-Weekly Due .002: |
|
$
7.11 |
|
|
|
|
|
|
|
|
|
$
291.47 |
|
|
|
|
|
|
|
|
|
|
|
| Surviving
spouse and dependent children of officers who retire under the early vesting provision |
| receive
a pro-rata amount based on the number of years of completed service. |
|
|
|
|
|
|
|
|
|
|
|