Retired Member FAQs
What happens to my retirement should I die as a retired member?
This is dependent on your tier and marital status and options elected at retirement. You can learn more about your survivor benefits in the Summary Plan Description / Handbook or by contacting your Member Services Specialist at 817-632-8900 for an explanation of your survivor benefits.
If you are not survived by a spouse or qualified dependent(s), then your refund beneficiary or estate (whichever is applicable) is entitled to receive any DROP account and any remaining employee contributions plus interest.
What happens if I decide to return to work for the City after retiring?
You must contact your Member Services Specialist prior to returning to work and coordinate your return-to-work date. Your monthly pension checks will be stopped if you return to work for the city in a regular position or part-time position that is an authorized position receiving benefits. Your retirement will reflect a break in service for the period of time that you were drawing a pension and you will begin to accrue service once again upon rehire, unless you retired under the DROP program. If you retired in the DROP program, no additional service or change in final average compensation will be calculated since you elected to freeze those when you joined the DROP.
If you are returning to a position that is part-time, not an authorized position and receives no benefits, there will be no effect on your retirement. Ensure that any position will not become eligible for benefits and you will not participate in the retirement plan.
Does Social Security affect my retirement benefit?
No, it will not change your pension. In most cases the amount you receive, if any, from Social Security will be affected by the amount of your pension. You will need to contact Social Security to see if your Social Security benefit will be affected by your pension benefit. See the Windfall Elimination Provision brochure: http://www.ssa.gov/pubs/EN-05-10045.pdf
How do I find my DROP balance?
You may log on to the Member Portal and look up your DROP balance. You may also call the Retirement Fund at 817-632-8900 to request the balance of your account. Returns for DROP balances left in the Fund after retirement are usually posted the third (3rd) or fourth (4th) week of the following month.