Retirees

The Police Retirement System of St. Louis

2020 Market Street
St. Louis, MO 63103
(314) 241-0800

Retiree Meetings:

The meetings for the retirees are on the second Wednesday of each calendar month, at the St. Louis Police Officers Association Hall, located at 3710 Hampton.

In the months of May and September only, the meetings will be held outdoors in Tower Grove Park. These meetings start at 11:30 am, and you are asked to arrive between 10:30am and 11am. Lunch to follow the meeting.  

Pension Website:

http://www.stlouisprs.org

Steps for Retiring:

If you are considering retiring in the next couple of months, as a public service to all SLPOA members, the Gendarme is printing an up-date of the various steps you must take after you have made the decision to retire. Before you make that decision, we advise you to contact the Pension Office -- 241-0800 -- to confirm that you have the years of service necessary for your retirement.

You must not give more than 90 days notice. You must give your 90 days notice in writing, and deliver it to the Pension Office.

Once you have verified your retirement date, you then must take the following steps, but not necessarily in this order (except for the first two steps):

1. Tell your Bureau Commander and Captain's Aide that you plan to retire and he will fill out a "Terminal Payment Release" form for you. You need to check the form and then sign it. If at all possible, your last day on the payroll should be the last day of a pay period (Sunday before payday).
   
   
2. You are responsible for taking the "Terminal Payment Release" form to the Pension Office at 2020 Market (next to Maggie O'Brien's). The Pension Office will verify all information on the "Terminal Payment Release" form, and they will provide you the required "retirement papers" and a new "beneficiary form". If you have not computed what your monthly pension payment will be, the Pension Office will assist you at this time. The payment will only be an estimate, and will be subject to revision if necessary.
   Pension Office: (314) 241-0800
   
   LUMP SUM PAYMENT: The Pension Office will also provide you an estimate of your "lump sum payment," which will represent the return of all contributions you made into your retirement system, less interest earned. You also will be informed of your lump sum payback procedures.
   
   
3. EMPLOYEE BENEFITS OFFICE: The Employee Benefits Office is located on the first floor of the Police Academy. You will be informed of your medical benefits as a retiree, and educated on your pre-paid $3,000 life insurance policy. Dental coverage is an extra charge and may be carried for 18 months if you have no other dental coverage. If you have dependent coverage, you will need a spouse SSN# for billing. The Funeral Association will be notified at this time. Coverage will end at the end of the pay period.
   To make an appointment, please call: (314) 444-5394
   
   
4. CREDIT UNION: If you have a loan from the Credit Union, you will be obligated to pay it off, unless it is a share pledg, auto, boat or motor cycle loan. You may continue to make payments on these types of loans. We have the title as collateral. You could continue to carry the signature loan IF you purchase additional shares to equal the amount of the loan. You can remain a member of the Credit Union after retirement.
   Phone Number: (314) 444-5392
   
   NOTE: If a retiree has a minimum of $2,000 in shares, and maintains that minimum ($2,000) balance in shares before he reaches the age of fifty-five, upon his death the beneficiary would receive the shares plus $2,000 in insurance. All shares are covered up to $100,000.00 by the NCVA, which is a Government organization.
   
   
5. COMMUNICATIONS: A check for I-status reports (Incomplete reports) will be made. Cell phones and pagers through the Department's corporate plan will be converted to individual plans.
   Phone Number: (314) 444-5504
   
   
6. DEPARTMENT ARMORER: All retirees must turn in their pistol. You are not allowed to buy it. You must bring the blue carrying case for the pistol and two magazines. Also, you’re required to return your pepper mace and its holster.
   Phone Number: (314) 444-5574
   
   
7. UNIFORM INSPECTOR'S OFFICE: Excluding your pistol, you must turn in all equipment ever issued to you (bulletproof vest, etc.). You will be charged for all items not returned and all clothing must be clean.
   
   
8. SUPPLY DIVISION: Turn in your issued: badge and cap piece, manual, special orders.
   
   
9. HUMAN RESOURCES: Your retired 10 card is prepared. You will be given an exit interview. The Police Library will check to see if you have any outstanding books or periodicals on loan. You will be charged for all those not returned.
   
   
10. PAYMASTER: You will be responsible to turn in your "Terminal Payment Release" form, and you will be informed of the date of you final check. You will be given a choice to pick the check up or have it mailed to you. This would also include any other outstanding checks where applicable. The Paymaster also will work with you in adjusting final taxable wages in order to reduce taxes as much as possible. Final Signature.
    
    NOTE: According to Steve Olish, Executive Secretary of the pension fund, it may take up to two months after your date of retirement until you receive your first pension payment. It is mostly due to paperwork that must be performed. The paperwork cannot start untill the department has issued the final pay record to the Pension System.
    
    
11. You will need to go to the Relief Association and Funeral Association, located at 4551 Tholozan, or you can call Bull Ward at 771-0923. The normal office hours of the Funeral/Relief Association are Monday through Thursday, 8:00 a.m. to 4:00 p.m.
    
    FUNERAL ASSOCIATION: You will be informed that you can stay in the Funeral Association by paying annual membership dues in the amount of $52.00. If you choose to do this, upon your death, the Funeral Association will directly pay the funeral home $3,500.00.
    
    RELIEF ASSOCIATION: You will be provided with information regarding your gold retirement ring that the Relief Association gives to you upon your retirement.
    
    
12. DEFERRED COMPENSATION: If you wish to defer part of your final check you must contact Shannon at 241-1334 immediately. Also you should consult her on your deferred comp election for the future.