Item Coversheet
TOWN OF PALM BEACH
Town Council Meeting on: May 14, 2024

Section of Agenda
Ordinances - Second Reading

Agenda Title

Proposed Ordinance to Amend the Town Code Relative to the Deferred Retirement Option Program (DROP)

 

ORDINANCE NO. 010-2024 An Ordinance Of The Town Council Of The Town Of Palm Beach, Palm Beach County, Florida, Amending Chapter 82 Of The Town Code Of Ordinances Relating To Personnel, At Article II, Employee Benefits, Division 2, Retirement System; Amending Subdivision IV, Police Officers, By Amending Section 82-119, Deferred Retirement Option Program For Police Officers; Providing For Severability; Providing For Repeal Of Ordinances In Conflict; Providing For Codification; Providing An Effective Date.



Presenter
Joanne O'Connor, Town Attorney

ATTACHMENTS:
Description
Ordinance No. 010-2024
Actuarial Impact Statement - Proposed Ordinance Extending DROP for Town Manager
Actuarial Impact Statement - Preservation of Benefits (Excess) Plan