New Federal Lawsuit Claims Pension System Violated Constitution With Lump-sum Withdrawal Policy

A group of retired Dallas police officers are asking a federal judge to reopen access to their lump-sum pension accounts.In a federal lawsuit filed Monday, the six retirees allege that their own pension board violated their constitutional rights by restricting access to funds in the Deferred Retirement Option Plan, known as DROP.Pension officials and the attorney for the six former cops did not immediately return requests for comment.  Continue reading...

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