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Transmitting a bill amending Title 22 of The Philadelphia Code, entitled "Public Employees Retirement Code," by making certain corrections to address problems in the Code due to typographical errors, oversights, or inconsistencies, by clarifying the definition of various plans, addressing various issues raised by the new 5-year vesting program, refining the DROP program, and correcting inconsistencies with respect to refunds and purchases of certain types of service credit, all under certain terms and conditions, accompanied by an explanatory letter from the Director of Finance. 17

AI summary

This communication transmitted a proposed bill to amend Philadelphia’s Public Employees Retirement Code, Title 22. The proposal would correct typographical errors and inconsistencies, clarify retirement plan definitions, address issues with the five-year vesting program, refine the DROP program, and update rules on refunds and purchases of service credit for public employees; the item was placed on file.

File details

Status
PLACED ON FILE
Introduced
May 18, 2000
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Full text

Title

Transmitting a bill amending Title 22 of The Philadelphia Code, entitled “Public Employees Retirement Code,” by making certain corrections to address problems in the Code due to typographical errors, oversights, or inconsistencies, by clarifying the definition of various plans, addressing various issues raised by the new 5-year vesting program, refining the DROP program, and correcting inconsistencies with respect to refunds and purchases of certain types of service credit, all under certain terms and conditions, accompanied by an explanatory letter from the Director of Finance.

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File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. Council actionCITY COUNCIL

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