Change to Grow: 10-Year Plan - Fire and Police Employees’ Retirement System - Retirement Savings Plan FOR the purpose of amending the provisions governing the Fire and Police Employees’ Retirement System to establish new eligibility, contribution, and benefit provisions for members initially employed or reemployed on or after a certain date; amending the Retirement Savings Plan to require these newly employed or reemployed employees to become members of the Retirement Savings Plan, subject to certain eligibility, contribution, and benefit provisions; providing that these newly employed or reemployed members are not eligible to receive a job removal benefit or to participate in DROP 1; defining certain terms; reconstituting the Board of Trustees of the Retirement Savings Plan; providing for a special effective date; and generally relating to the Fire and Police Employees’ Retirement System of Baltimore City and the Retirement Savings Plan of Baltimore City.

Committee

Taxation, Finance and Economic Development Committee

Introduced

June 23, 2014

Passed

December 5, 2016