b'2008 The City Council adopted the following amendments to the DROP Program:1.July 3, 2008 - A DROP member who is subse-quently appointed Fire or Police Chief prior to exiting DROP shall be allowed to rescind his/her DROP election.2.November 4, 2008 - A definitive ending date for DROP was removed, and a member must be on an active duty/working status at the time of entry into the program.2009 Gary Apodaca PhotoOnMarch3,2009,voterspassedtwoCharter amendments: On July 23, 2009, the Board adopted a Contractor 1.The first measure established a Survivor BenefitDisclosure Policy to regulate the Systems contrac-Purchase Program that allows retired memberstors and fine or terminate those who violate the policy. of the Plan to purchase, at their own expense, aThe policy complies with the provisions of Assembly survivor benefit for a spouse or domestic partner.Bill 1584 (later enacted into law on October 11, 2009), 2.ThesecondmeasuremodifiedtheDependentrequiring the disclosure of gifts, campaign contribu-Austin Gebhardt Photo(Disabled)ChildrenSurvivorBenefitsprovidedtions,andmeetingswiththeSystemsinvestment by the Plan. Dependent Children may now marrymanagers,consultants,andothercontractors,to or be adopted without losing the right to Depen- provide transparency and help avoid conflicts and dent Child benefits. Additional payment options,the appearance of conflicts.which do not increase the amount of benefits payable, were also authorized. The Board of Fire2010 and Police Pension Commissioners (Board) was granted the authority to pay Dependent ChildOn April 1, 2010, the Board retained Northern Trust benefits to a Special Needs Trust for the benefitBenefitPaymentServicesastheissuerformonth-of the disabled child. lypensionpayments.TheNorthernTrustBenefit On May 7, 2009, the Board terminated its contractPaymentParticipantWebPassportSystem withprivateequityconsultant,AldusEquityreplacedtheoutdatedmainframe-basedRetire-Partners.TheterminationwasbasedinpartonmentandPensionPaymentSystemoperatedand pay-to-play complaints filed against Aldus by themaintained by the City of Los Angeles Office of the State of New York and the Securities and ExchangeControllerandInformationTechnologyAgency.In Commission.OneofthefoundersofAlduslaterOctober2010,thePlanissuedpensionpayments pleaded guilty to felony securities fraud in the Newutilizingthenewbenefitpaymentsystemforthe Yorkattorneygeneralspensionfundcorruptionfirst time. As a result of this transition, pensioners probe.Inaddition,twoappointedcommissionersreceived13pensionpaymentsforTaxYear2010, resigned from the Board on this day. instead of the usual 12.Brandon Taylor PhotoSECTION 9MILESTONES 177'