Bill No. 56-26

AN ORDINANCE concerning: Pensions – Reemployment – DROP Accounts – Fire Service Retirement Plan – Detention Officers’ and Deputy Sheriffs’ Retirement Plan

Introduced by Ms. Hummer, Chair (by request of the County Executive)

FOR the purpose of modifying the reemployment restriction for certain participants in the Fire Service Retirement Plan; modifying the DROP participation period for certain participants in the Detention Officers’ and Deputy Sheriffs’ Retirement Plan; modifying the annual interest rate for DROP accounts for certain participants in Fire Service Retirement Plan; modifying the amount of employee contributions for certain participants in Fire Service Retirement Plan; modifying classifications of Category I participants in Detention Officers’ and Deputy Sheriffs’ Retirement Plan; and generally relating to pensions.

Schedule

  • Introduced
  • Hearing