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Glenarden council declines proposal to adopt elected-official retirement plan now; members ask for more information
Summary
Councilman Williams asked the City Council to consider providing an elected-official retirement benefit; the HR specialist briefed the council on municipal practice and the city's current 457(b) arrangement.
Councilman Williams asked the Glenarden City Council to consider whether elected officials should have access to a retirement benefit similar to those offered in some neighboring municipalities.
Karen Schultz, the city's HR specialist, told the council she surveyed municipal practice and said most municipalities in the county that participate in the Maryland state retirement system make that retirement available to elected officials "by mandate," though elected officials often do not participate because it is not cost-effective. Schultz explained the city currently uses a Mutual…
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