When it comes to DROP, the Pensacola Police Department appears to be in better shape than the Fire Department. Only 14 employees in the Police Pension program have entered the Deferred Retirement Option Plan, according to the records released by the City of Pensacola Sunshine Center. The list does include Police Chief David Alexander.
The total monthly payments to the DROP accounts for these workers is $67,861.00 , annually $841,332. The Individual DROP Account Statements do not list the end dates for each employee.
Here are the statements: Police_Statements_Redacted.
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