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Jobs and employment

DCRB Weathers the Financial Storm

Date Released: 
Wed, 10/08/2008

DCRB Weathers the Financial Storm

The District of Columbia Retirement Board would like to reassure members and retirees that in these challenging economic times, retirees’ pensions are safe and secure for these reasons:

Pensions under the District of Columbia Police Officers’ and Firefighters’ Retirement Plan and the District of Columbia Teachers’ Retirement Plan (the “Plans”) are guaranteed by District of Columbia law (sections 1-701(b), 1-9-1.01(b) of the Code) and cannot be reduced due to investment losses.


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