Fire and Police Employees’ Retirement System - Benefits Enhancements FOR the purpose of amending certain provisions of the Fire and Police Employees’ Retirement System; changing the definition of “average final compensation”; providing a new deferred vested benefit; eliminating the 2-year waiting period for commencement of post-retirement benefit increases; repealing obsolete provisions relating to post-retirement benefit increases; changing the interest earned on DROP 2 accounts; providing for a special effective date; and generally relating to the Fire and Police Employees’ Retirement System.

Committee

Baltimore City Council

Requested by

Office of the Mayor

Introduced

May 16, 2024

Passed

September 4, 2024

Enactment no.

24-379

Where it was heard

Baltimore City Council Oct 7, 2024 Baltimore City Council Sep 16, 2024 Approved and Sent to the Mayor Baltimore City Council Aug 26, 2024 3rd Reader, for final passage Baltimore City Council May 16, 2024 Assigned