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Cairo manager seeks amendment to bar in-service retirement payouts; council approves request to contact GMA/GMEBS
Summary
Council authorized the city manager to submit a request to the Georgia Municipal Association/GMEBS to amend the city's defined benefit plan to prohibit in-service retirement distributions; current retirees receiving benefits would be grandfathered in.
The Cairo City Council voted to allow the city manager to request an amendment to the city60s defined benefit retirement plan to prohibit in-service distributions, the council was told.
The interim city manager said the city60s plan is administered through the Georgia Municipal Employees Benefit System and currently permits some employees to receive retirement benefits while…
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