The Public Safety Personnel Retirement System is a public pension system for the benefit of those individuals in the several police, highway patrol and fire departments, along with other public safety personnel throughout the state of Arizona.
PSPRS functions as either a defined benefit plan or a defined contribution plan.
Public Safety Personnel receive a DROP when they retire from their respective employers. DROP is a voluntary and irrevocable benefit program that offers you the opportunity to receive a one-time lump sum payment, at the time of your retirement, in addition to your monthly retirement benefit.
This money can be utilized as a supplemental retirement plan.
Our financial professionals can help you create an overall tax-efficient retirement income strategy designed to maximize your retirement resources.