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Now
there's a better way to handle your benefit check. Through direct deposit,
a service of the Pension System's bank, we can help you alleviate
your pension
check worries by depositing your check in your personal bank account every
month - on time - automatically.
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Direct deposit
is secure and confidential. Only you, our Pension System, and the bank know
transactions. |
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Direct deposit is convenient; it saves time.
No waiting in long lines, no rushing around with your check. |
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Direct deposit is easy.
Just sign up - there is no need to change banks. And if you move,
the service can easily be transferred to another participating
bank. |
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Direct deposit is a better
way to bank. |
To start your direct deposit or to change direct
deposit information, just print out the Direct Deposit
Authorization form, and mail it to the Dallas
Police
and Fire Pension System with a voided check.
The Direct Deposit Authorization
form on this Web site is in the Adobe Portable Document Format (PDF).
Viewing and/or
printing PDF files requires Adobe Acrobat
Reader, which is available FREE from the Adobe
Web site.
Q & A for Direct Deposit
Q: Stolen pension checks?
A: Impossible. You get your usual earnings statement, but your hard-earned
money is already safe and sound in your bank account each month.
Q: Lost pension checks?
A: It cannot happen. You will never have to go through
the trouble (and embarrassment) of having to stop payment on a lost
check or to ask for
a duplicate.
Q: Forged pension checks?
A: Never. Nobody can forge your signature on your check since it
is already in the bank.
Q: Check cashing lines?
A: Forget them. You can spend your day doing something
better than standing in line. (Ever stop to think how much time and
trouble
you spend running
around
with your check?)
Q: On vacation or business trips?
A: Do not worry. Write yourself a check whenever you want. We automatically
put your pension benefit in your account, even if you are thousands
of miles away
from home.
Q: U.S. Mail?
A: No problems here. Since your check does not go through the
mail system, there is no chance that it can get lost or delayed.
We
will continue
to send you a
statement through the U.S. Mail with your benefit information.
Q: During illness?
A: No need to send someone to deposit your check. Your money
is always deposited right on time.
Q: How do I sign up for
direct deposit?
A: Just complete an authorization form and mail it
to the Pension System office with a voided personal check.
To start your direct deposit or to change direct deposit information, just print out the Direct Deposit Authorization form, and mail it to the Dallas Police and Fire Pension System with a voided check.
Q: If I use
direct deposit, when will the funds be in my
bank account?
A: Your funds normally are deposited by the first business
day of each month for the prior month’s benefit.
Q: When will I receive my statement or
confirmation of the deposit?
A: Each month, you will receive your
usual earnings statement showing your gross pay, taxes,
other deductions,
and
net pay. Your money
already will
have been
deposited in your account. The amount of deposit also
will appear on your bank statement.
We Are Here to Help
We do our best to provide clear, understandable information
to you. For more Member
or Pensioner
information, please
contact us via e-mail at info@dpfp.org. You also call the Pension
System office
at 214.638.3863
or 1.800.638.3861,
and ask for a Benefits Counselor. Our Benefits Counselors
are trained to answer all your pension questions.
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