Dear Lieutenant:
We have conferred with the Police Pension Fund (PPF) in regard to when our members may expect to receive their annual Variable Supplement Fund (VSF) payment this year; the legislation pertaining to the VSF payments stipulates that payment will be on, or about, December 15th.
The Police Pension Fund advised us that the VSF payments will be paid on the following dates:
Paper VSF check = These checks will be mailed out to members on Thursday, December 13th.
Direct Deposit (Electronic Fund Transfer) = Deposits should be reflected in member's bank account on Monday, December 17th.
Fraternally,
Lou Turco
President