READ AND PASSED

The enacted ordinance amends Philadelphia’s Public Employees Retirement Code to require an initial unadjusted monthly retirement benefit of at least $1,000 for members of Plan A or Plan X, and for Fire employee members of Plan 10 with at least 20 years of credited service. It also sets the same $1,000 minimum for members of those plans and eligible Fire employee members of Plan 10 who retire because of a service-connected disability, subject to the code’s existing terms.

Amending Title 22 of The Philadelphia Code, entitled "Public Employees Retirement Code," by amending Section 22-301, entitled "Service Retirement Benefits," and Section 22-401, entitled "Service-Connected Disability Retirement Benefits," to add new subsections requiring a specified minimum monthly benefit amount for certain retired Fire employee members, under certain terms and conditions.