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BillLAPSED

Bill 100542

Amending Section 22-310 of The Philadelphia Code, entitled "Deferred Retirement Option Plan (DROP)," by immediately terminating DROP, under certain terms and conditions.

Introduced Sep 16, 2010Committee of the WholeOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Tasco

Status timeline

  1. Sep 16, 2010
    Introduced and Referred · CITY COUNCIL

    Recorded result: Pass

    A motion was made by Councilmember Tasco that this matter be Introduced and Referred to the Committee of the Whole. The motion carried unanimously.

  2. Jun 8, 2011
    HEARING NOTICES SENT · Committee of the Whole
  3. Jun 8, 2011
    HEARING HELD · Committee of the Whole
  4. Jun 8, 2011
    RECESSED · Committee of the Whole

Official documents

Documents open on the City of Philadelphia’s legislative site.

Full text

Read the full text as published

..Title Amending Section 22-310 of The Philadelphia Code, entitled "Deferred Retirement Option Plan (DROP)," by immediately terminating DROP, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Section 22-310 of The Philadelphia Code is hereby amended to read as follows: § 22-310. Deferred Retirement Option Plan (DROP). * * * (1.1) Termination of DROP. The DROP is terminated effective upon this subsection becoming law, except that no member whose application to participate in the DROP is pending or has been accepted as of such date shall be divested of any rights under the DROP. SECTION 2. This Ordinance shall become effective immediately. __________________ Explanation: Italics indicate new matter added. ..End