Bill 58-23

AN ORDINANCE concerning: Pensions – Deferred Retirement Option Program – Term of Participation Period – Withdrawal or Disability

Introduced by Mr. Smith, Chair (by request of the County Executive)

FOR the purpose of allowing a seventh year of participation for certain DROP participants who are members of the Police Service Retirement Plan; providing for interest on the seventh year of DROP participation for certain employees; amending provisions that allow early withdrawal from DROP; amending provisions that apply to a disability pension during DROP participation; applying this Ordinance retroactively; and generally relating to pensions.

Schedule

Introduced
Passed