November Pay Stubs on Web Member Services
An email was generated by the system stating the November paystubs were available on Web Member Services today, however, they will not be available until tomorrow morning, November 30, 2017.
Imporantant Statement Reguarding Your DROP Annuity and DROP Balance
As many of you know, DPFP is beginning the process of annuitizing DROP accounts as required by the provisions of HB 3158.
October 12, 2017 Board Meeting
The full, 11-member Board met for the first time Thursday, October 12, 2017. The new Board had to hit the ground running because HB 3158 has specific required tasks for the Board to accomplish over the next several months.
Trustee Election Results
The following results of the Trustee Election were certified by the Nominations Committee 10/10. Police Officer Trustee: Joe Schutz. Non-member Trustees: Blaine Dickens, Gilbert Andrew Garcia, and Tina Hernandez Patterson.
Mayor’s Appointments to the DPFP Board
Pursuant to HB 3158, Mayor Rawlings has appointed six trustees to the DPFP Board with their terms commencing September 1.
Judge denied the Temporary Restraining Order
The Judge denied the Temporary Restraining Order that was filed last week in the Degan case.
DROP Projection Report Temporarily Down
For members with DROP balances, the DROP Projection Report has been temporarily removed from the DROP Information section of Web Member Services while updates are being made to reflect changes from House Bill 3158.
DROP Policy Addendum
The Board adopted an amendment to the DROP Policy Addendum previously adopted on 1/12/17.
House Bill 3158
House Bill 3158 becomes effective September 1, 2017, resulting in changes to contributions and benefits.