Transmitting a bill amending Title 22 of The Philadelphia Code, entitled "Public Employees Retirement Code," by amending Section 22-305 relating to maximum benefit limitations imposed by the Internal Revenue Code.

AI summary

This communication transmits a proposed bill that would amend Philadelphia’s Public Employees Retirement Code. The proposed change concerns limits on retirement benefits imposed by the federal Internal Revenue Code and would affect public employees covered by the city retirement system; the item was placed on file.