Baltimore City Council
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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
On agenda: Final action: 10/18/2021
Enactment #:
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
Attachments: 1. 21-0063R~1st Reader, 2. ERS 21-0063R, 3. Finance 21-0063R, 4. BCFD 21-0063R, 5. BPD 21-0063R, 6. Hearing Packet - 21-0063R - Informational Hearing - An Evaluation of the Deferred Retirement Option Program as a Retention Strategy for Fire and Police Personnel, 7. PSGO - Hearing Notes - 21-0063R, 8. Hearing Agenda - 21-0063R, 9. Hearing Minutes - 21-0063R, 10. 21-0063R~2nd Reader
* 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.
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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...

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