2019 Annual Statement Distribution
Please be advised that the Police Pension Fund will begin the distribution of Annual Statements on Thursday March 21, 2019. Statements may be picked up by parent commands between the hours of 0900 and 1700 hours from 233 Broadway, 19th floor. Active officers may retrieve their statement at their command. Individual statements will not be given out at the Police Pension Fund. Members who do not receive a copy of their annual statement may contact Membership Services at the Police Pension Fund for a duplicate statement at (212) 693-5850 beginning April 22, 2019. Questions regarding the information contained in the annual statement should be submitted in writing along with a copy of the annual statement to Kevin Holloran, Executive Director, at 233 Broadway 25th Floor, New York New York 10279. General questions may be directed to (212) 693-2699.
Special Board of Trustees Meeting On Friday, March 1, 2019, there will be a special Board of Trustees meeting pertaining to a pending resolution for the actuarial assumptions and methods and the actuarial option factors. The meeting will be at 2:30 PM at the Police Pension Fund’s office
COPS 2.0 / Member Self Service Update
In our effort to continue to improve our services, last year PPF announced a system upgrade to enhance member experience and system performance. This upgrade includes a long-awaited online Member Self- Service portal. PPF is pleased to inform the membership that although this extensive project will take a few years to complete, we plan to deploy a “lite” version of Member Self-Service as early as the summer of 2019. Some of the “lite” functionality includes: allowing members and retirees to see pension account information online, download and upload pension-related forms, and correspond digitally with PPF through secure messaging.
Once completed, the new Comprehensive Officers Pension System or COPS 2.0, for short, will allow members and retirees to perform many of the pension related functions that are currently completed in person or via US Mail. We hear your feedback and work continuously to provide the best customer service available. Please continue to check our website and Facebook page for the most current information.
Tax Changes Effective January 2018
The Internal Revenue Service released Notice 1036, which updates the income-tax withholding tables for 2018 reflecting changes made by the tax reform legislation enacted in December. As a result of these changes, retirees may see increases in their monthly retirement benefit. For more information, please consult with a tax professional.
Tier 3 Enhanced Contributions:
Tier 3 Enhanced members will have an additional contribution rate of 1% applied and deducted from biweekly paychecks beginning December 15, 2017. For more information regarding Tier 3 Enhanced, please visit the updated Tier 3 Summary Plan Description by clicking here .
Tier 3 Enhanced Election Registry
To confirm that the Police Pension Fund is in receipt of your Tier 3 Enhanced Election form please click here .
NYPD Cancer Study
Recently, the eagerly awaited NYPD Medical Division's 20-year review of cancer within the Department, was published comparing the periods before and after the 9/11/01 WTC disaster. Our team of co-authors include highly regarded cancer and radiation epidemiologists and bio-statisticians from the Weill-Cornell Medical College and Columbia University/NY-Presbyterian Medical Center and its Mailman School of Public Health. To read the document click here .