recent events

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The Progress We've Been Making

March 9, 2017 – Board makes the decision to not pay Pro-Rata DROP distributions for the financial sustainability of the Pension Fund.

March 7, 2017 – Texas House Committee on Pensions Chairman Dan Flynn filed a bill to address the Dallas Police & Fire Pension System funding shortfall.

March 2, 2017 –Don Pounders, a Dallas firefighter for 16 years, joins the Michael Rawlings lawsuit on behalf of himself and other non-DROP participants against the non-council member trustees, alleging self-dealing and breach of fiduciary duty.

February 14, 2017 – Pension reform meeting held between City and DPFP Board.

February 8, 2017 – Four City Council members who serve as DPFP Trustees filed a lawsuit to fulfill their fiduciary duties as trustees and to protect the constitutionally protected benefits of the pensioners of the Dallas Police and Fire-Rescue Departments. Trustee Intervenors support the Rawlings petition for injunctive relief against further DROP distributions. Such action is intended to protect the solvency of DPFP and preserve the constitutionally protected benefits owed to members for service retirement, disability and survivor benefits.

February 1, 2017 – Pension reform meeting held between City and DPFP Board.

January 25, 2017 - The resolution passed today encourages council members who serve as Dallas Police & Fire Pension System board members to take all lawful measures, including seeking judicial remedies, to address this emergency situation that threatens the retirement, disability and death benefits of the city’s first responders as well as the city’s fiscal health.

January 5, 2017 - Pension reform meeting held between City and DPFP Board.

January 4, 2017 - Pension reform meeting held between City and DPFP Board.

January 3, 2017 - Pension reform meeting held between City and DPFP Board.

December 30, 2016 – Pension reform meeting held between City and DPFP Board.

December 29, 2016 – Board votes to reinstate the monthly installment payments out of DROP based on the temporary restraining order modification made by Judge Parker in the Rawlings case.

December 28, 2016 – Pension reform meeting held between City and DPFP Board.

December 17, 2016 - Members of the DPFP vote down the Board’s 2016 Plan Amendment.

December 14, 2016 – Meet and Confer agreement was finalized between the City and Police & Fire. 

December 8, 2016 – Board votes to immediately cease DROP distributions except those necessary to satisfy required minimum distribution payments.

October, 20 2016 – Board approves a motion to call for the Plan Amendment election.

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