The Court in the Degan case has ruled in favor of the DPFP Board and has granted DPFP’s motion to dismiss the case.
Important Information regarding the DROP Revocation (UNDO) Process
The State mandated deadline to complete a DROP revocation (UNDO) is February 28, 2018. Absolutely no late revocation forms can be accepted.
The Dallas Police and Fire Pension System has scheduled additional Combined Informational and Revocation (UNDO) meetings every Wednesday in the month February.
The amount of federal tax being withheld from your monthly benefit payments (if any) may have changed because the withholding tables have changed.
The January 11th Board meeting will start at 1:00 p.m.
The Dallas Police and Fire Pension System’s Board of Trustees amended the DROP policy to include the Revocation (UNDO) provisions. DPFP will be contacting members that have requested to be on the DROP UNDO list to schedule a DROP Revocation meeting. If your name is not on the list and you are interested in seeing how a DROP UNDO may impact you please call DPFP at 214-638-3863 ASAP to get added to the list.
As many of you know, DPFP is beginning the process of annuitizing DROP accounts as required by the provisions of HB 3158.
We are currently experiencing high call volume. When calling our office, please leave a message with your name and phone number and we will return your call as soon as possible.
4100 Harry Hines Boulevard, Ste. 100Dallas, Texas 75219 Office Hours: M-F 8:00 -5:00