RB&I

Los Angeles Police Retirement Benefit and Insurance Association, Inc. (RB&I)

The Los Angeles Police Retirement Benefit and Insurance Association, Inc. (RB&I) is a separate corporation providing additional life insurance benefits for its members and their families.

Recruits employed by the City of Los Angeles to become sworn police officers in the Los Angeles Police Department, or an active member of the Los Angeles Police Department regularly appointed and sworn in are eligible to apply for membership in the Los Angeles Police Retirement Benefit and Insurance Association, Inc.


Cost Per Pay Period


RB&I Active Members
$3.00
RB&I Retired Members
$6.00

 

*When a member has been a member 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 for less than 4 years Designated beneficiary receives $15,000
Active member for 4 or more years Designated beneficiary receives $25,000




RB&I Death Benefits for Retired Members
Retired member with less than 4 years of membership Designated beneficiary receives $15,000
Retired member with 4 to 24 years Designated beneficiary receives $25,000
Retired member with 25 or more years prior to 07/01/05 Designated beneficiary receives $8,937.50
Retired member with 25 or more years of service after 07/01/05 Designated beneficiary receives $10,000



Cash Surrender Benefit


A cash surrender benefit in the amount of $4,000 is available to an active participant who has been a member for 25 or more years. Retired members are also eligible for the cash surrender benefit based on the following schedule:


Years of Membership Amount of Benefit
Less than 20
100% of dues paid
20
$3,200
21
$3,360
22
$3,520
23
$3,680
24
$3,800
25
$4,000


Revised January 16, 2013. Benefits and Dues may be subject to change. Please contact RB&I directly for any current or updated information.


> Back to top