City of Baltimore - File #: 21-0063R

• File #: 21-0063R
• Version: 0
• Name: Informational Hearing - An Evaluation of the Deferred Retirement Option Program as a Retention Strategy for Fire and Police Personnel
• Type: City Council Resolution
• Status: Adopted
• File created: 9/20/2021
• In control: Public Safety and Government Operations
• Final action: 10/18/2021
• Title: Informational Hearing - An Evaluation of the Deferred Retirement Option Program as a Retention Strategy for Fire and Police Personnel For the purpose of requesting the Executive Director of the Baltimore City Fire and Police Employees’ Retirement System, the Board of Trustees for the Baltimore City Fire and Police Employees’ Retirement System, the Director of the Department of Finance, representatives from the Baltimore Police Department, and representatives from the Baltimore City Fire Department come before the City Council to discuss the Deferred Retirement Option Plan (“DROP”), analyze current and former participation in the program, brief the Council on policy differences between the original DROP program and DROP 2, and share what modifications the City can make to the policy that would allow us to use it as an incentive to retain veteran fire and police personnel.
• Sponsors: Isaac "Yitzy" Schleifer, Danielle N. McCray
• Indexes: Informational Hearing, Program, Retirement

Date	Ver.	Action By	Action	Result
10/18/2021	0	Baltimore City Council	Adopted
10/13/2021	0	Public Safety and Government Operations	Recommended Favorably	Pass
10/4/2021	0	Public Safety and Government Operations	Scheduled for a Public Hearing
9/23/2021	0	Baltimore City Council	Refer to Fire Department
9/23/2021	0	Baltimore City Council	Refer to Dept. of Finance
9/23/2021	0	Baltimore City Council	Refer to City Solicitor
9/23/2021	0	Baltimore City Council	Refer to Employees' and Elected Officials' Retirement Systems
9/23/2021	0	Baltimore City Council	Refer to Fire and Police Employees' Retirement System
9/23/2021	0	Baltimore City Council	Refer to Police Department
9/20/2021	0	Baltimore City Council	Introduced
9/20/2021	0	Baltimore City Council	Assigned

* Warning: This is an unofficial, introductory copy of the bill.
The official copy considered by the City Council is the first reader copy.
Introductory*

City of Baltimore
Council Bill R
(Resolution)

Introduced by: Councilmember Schleifer


A Resolution Entitled

A Council Resolution concerning
title
Informational Hearing - An Evaluation of the Deferred Retirement Option Program as a Retention Strategy for Fire and Police Personnel
For the purpose of requesting the Executive Director of the Baltimore City Fire and Police Employees’ Retirement System, the Board of Trustees for the Baltimore City Fire and Police Employees’ Retirement System, the Director of the Department of Finance, representatives from the Baltimore Police Department, and representatives from the Baltimore City Fire Department come before the City Council to discuss the Deferred Retirement Option Plan (“DROP”), analyze current and former participation in the program, brief the Council on policy differences between the original DROP program and DROP 2, and share what modifications the City can make to the policy that would allow us to use it as an incentive to retain veteran fire and police personnel.
body

Recitals
The Baltimore City Fire and Police Employees' Retirement System (“BCFPERS”) is a government pension plan codified in Article 22 of the Baltimore City Code. The BCFPERS provides several different types of benefits, including service retirement benefits, line-of-duty disability benefits, line-of-duty death benefits, ordinary disability benefits, and ordinary death benefits. Membership in the BCFPERS is mandatory for all fire and police employees as a co...