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Commission agrees to consider mayor's Retirement Health Savings account; moves to draft class‑of‑office resolution
Summary
After a presentation from Mission Square on retirement health savings accounts, the commission approved bringing a resolution to create a class for the office of mayor so the mayor may make personal, tax‑advantaged contributions.
The Hallandale Beach commission voted unanimously Sept. 15 to direct staff to prepare a resolution creating a Retirement Health Savings (RHS) account class for the office of the mayor, allowing the mayor as a charter officer to make personal, tax‑preferred payroll contributions.
Human Resources Director Reddy Dodia introduced a presentation by Howard Bridal, relationship manager with Mission Square, which described the RHS account as an employer‑sponsored, defined‑contribution style savings vehicle dedicated to future…
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