Introduced by Ms. Hummer, Chair (by request of the County Executive)
FOR the purpose of clarifying credited service; modifying the number of certain participants eligible to enter the DROP for 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 the Police Service Retirement Plan and the Fire Service Retirement Plan; modifying the employee contributions for certain participants in the Fire Service Retirement Plan and in the Police Service Retirement Plan; providing for the application of this Ordinance; and generally relating to pensions.
Schedule
Introduced
Hearing