Controlled by CITY COUNCIL
June 23, 2011
To The President and Members of
The Council of the City of Philadelphia:
I am returning herewith to your Honorable Body as disapproved Bill No. 110443, which was passed by Council at its session on June 16, 2011.
Bill 110443 would amend The Philadelphia Public Employees Retirement Code to make various changes to the Deferred Retirement Option Plan (DROP). The bill changes the eligibility requirements of the program for certain employees and changes the interest rate credited to DROP accounts. Additionally, the bill creates a Partial Lump Sum Option for retirees th
- (minutes) Sept. 8, 2011: READ by CITY COUNCIL
Bills mentioned in this legislation
- Bill 110443: Amending Title 22 of The Philadelphia Code, entitled "Public Employees Retirement Code," by amending...
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Last action: Sept. 8, 2011
Status: PLACED ON FILE