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--To help the families of the officers who were killed or wounded on July 7, you may donate to the Assist the Officer Foundation, Dallas, HERE.
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PH: 214.638.3863 or 800.638.3861 Fax: 214.638.6403   4100 Harry Hines Boulevard, Suite 100 Dallas, TX 75219
TOP CURRENT ISSUES: DROP Policy Changes
  • The temporary injunction hearing scheduled for Tuesday, January 17th in the Rawlings lawsuit has been cancelled. Mayor Rawlings requested the hearing date be withdrawn. DPFP statement on this can be found HERE.
  • Judge Parker in the Rawlings case modified the Temporary Restraining Order to allow the Board to make the monthly installment payments out of DROP. The revised order does not require such payments but permits the Board the discretion to make such payments. This item will be on the agenda for the Special Board meeting for the 29th. Judge Parker’s Order can be viewed HERE.
  • On 12/13, the Court of Appeals Fifth District issued its opinion in the Eddington case affirming the trial Court’s judgment in favor of DPFP. The opinion can be seen HERE.
  • Statement on 12/8 Board action impacting DROP distributions HERE
  • Results of 12/8 Court decision HERE
  • The City's presentation to the City Council on the Dallas Police and Fire Pension and Related Pay Referendum Issues can be found HERE and HERE.
  • On 1/12/17, the Board adopted an amendment to the DROP Policy to allow for DROP distributions, anticipated to begin in March 2017, as well as the payment of monthly installments for the months of January and February and a pro-rata distribution of $6.6 million to members with outstanding DROP lump sum requests. January and February installments will be paid to members who had installments on file as of 11/30 and will be paid with the monthly benefit payments for those months. The pro-rata distribution to members with outstanding DROP lump sum requests will be paid on or around February 17.
  • A statement regarding the 1/12 board action can be seen HERE. A summary of the DROP Policy amendment can be seen HERE and the DROP Policy Addendum can be found HERE.
  • A written communication will be mailed to all members with a DROP account by 1/23 discussing these changes. In this mailing, Retirees with a DROP account will receive a DROP Distribution Election form in which the election for the minimum annual distribution and/or the potentially monthly pro-rata distributions will be included. The form will also be available on our website by 1/23. Forms will be due by 2/28 to be eligible for distributions beginning 3/31.
  • The Required Minimum Distributions for 2017 (which are separate from the minimum annual distribution discussed above) will be paid on January 27. Federal income taxes will be withheld at a rate of in accordance with IRS regulations.
--- Read past news items HERE ---  

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Federal Income Tax Withholding – Annual Reminder

For 2017, the amount of federal tax being withheld from your monthly benefit payments (if any) may change because the withholding tables have changed. If your payments are less than $1,720 a month, we will not withhold income tax from those payments unless you specifically request withholding, or have already done so. Until you file a new election with us, your prior choice as to whether to have withholding, and on what basis will remain in effect. You may change your election using a Form W-4P and sending to the DPFP office. There is no need to complete the form unless you wish to change the election you have already made. If you make a change, it will be put into effect for the next month end payment, provided we receive the form by the 15th of the month.

2016 Plan Amendment Election

Plan Amendment Election Results

Voting in the 2016 Plan amendment election ended 12/17 at 12pm with the following results as provided by DPFP’s third-party election vendor, Election America, Inc.:

Ballot Item 1 – Plan Changes Related to Benefits – NOT PASSED – 45.0% In favor, 55.0% Not in favor
Ballot Item 2 – Plan Changes Related to Service Trustee Board Positions – PASSED - 66.9% In favor, 33.1% Not in favor
Ballot Item 3 – Requirements to Receive Credit for Additional Compensation Upon the Award of Back Pay – NOT PASSED - 64.8% In favor, 35.2% Not in favor

A demographic detail of the voting results can be seen here.

As a reminder, a vote of 65% in favor is required for an item to pass. Election results are not considered final until certified by the Board. The Board’s review of election results is currently set for a Special Board meeting on December 29th.

The decision by members of DPFP to reject proposed plan amendments for Item 1 and 3 does not change the mission of DPFP and its members, Board and staff. DPFP remains committed to making the necessary adjustments to ensure that Dallas’ first responders can rely on the retirement benefits they have earned.

The voting process was delayed by one lawsuit and occurred during another lawsuit by the Mayor in his role as a private citizen. The delay, along with the actions and statements of the Mayor, the Dallas City Council and City staff, makes it difficult to determine the factors that led to the vote outcome.

DPFP Board and staff are focused on the submission of legislation to the Texas Legislature for its review and action in the upcoming 2017 session.

DPFP Board and staff will also continue to work with the City of Dallas to overcome the current challenges and to try and find a solution to secure the fund so that Dallas’ first responders can continue to rely on the retirement benefits they have earned.

 

Make Sure Your Address is Current with DPFP!

The time is approaching for the January mailing of Annual Benefit Statements and 1099s. Please make sure your address is current. For Active members, updates should be made with the City in Lawson. For Retirees, click HERE to submit a change of address form.

 

Dallas Police & Fire Retirees Group will meet

January 8, 2017 1:00 pm

RC Buckner Masonic Lodge

4912 S. Buckner Blvd.

Dallas, Texas 75227

Meetings are scheduled to begin at 1:00 PM on the first Sunday of each month unless the first Sunday is a holiday.

Letter from Chairman of the House Pensions Committee

A letter, which can be seen at the below link, was received late this afternoon from the office of State Representative Flynn. Representative Flynn serves as Chairman of the House Pensions Committee. It illustrates the importance of the members voting to pass the Plan amendment that will be voted on beginning next week.

HERE

News Archive

Image of newspaper in boxA compilation of previously posted news items

To view previously posted news items click here

 
 

The Dallas Police and Fire Pension System provides comprehensive retirement, death, and disability benefits for approximately 9,300 Police Officers, Fire Fighters, Pensioners, and their beneficiaries from the City of Dallas.

The Pension System office is located at 4100 Harry Hines, Suite 100, Dallas, Texas 75219. Our office hours are Monday through Friday, 8 a.m. to 5 p.m. If you would like to speak to a benefits counselor, appointments are available Mon-Thurs. Please arrange for an appointment at the numbers listed below.

Dallas Police & Fire Pension System
4100 Harry Hines Boulevard, Ste. 100
Dallas, Texas 75219
214-638-3863
1-800-638-3861

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