13-0223
Change to Grow: 10-Year Plan - Employees’ Retirement System - Benefits FOR the purpose of requiring that, effective with the first full payroll period after July 1, 2013, members of the Employees’ Retirement System make a contribution to the System each payroll period equal to a percentage of their authorized salary; providing for the required employee contributions to be treated, for federal income tax purposes, as pre-tax contributions; providing that, for certain members who terminate City employment before retirement, the required employee contributions, with interest, will be payable to those members; discontinuing the variable post-retirement benefit increase; making the provisions of this Ordinance severable; providing for a special effective date; and generally relating to the Employees’ Retirement System of the City of Baltimore.
- Committee
- City Council
- Introduced
- April 29, 2013
- Passed
- July 12, 2013
- Enactment no.
- 13-144