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Carroll County moves proposed DROP plan for public safety pensions to public hearing after staff, sheriff weigh options
Summary
County staff presented a proposed deferred retirement option (DROP) for public safety employees and recommended a 3‑year irrevocable program with a 3% fixed interest on account balances; the sheriff and chiefs recommended a 5‑year option. The board authorized the proposal to go to public hearing for further comment and refinement.
County staff on Jan. 8 laid out a proposed deferred retirement option program intended to retain eligible public safety employees while giving predictable retirement dates and a lump‑sum benefit at retirement.
Christy (county retirement staff) said the DROP would allow eligible employees to have their calculated retirement benefit deposited in a separate account while they continue working for a fixed period. "The purpose of a DROP encourages retention of experienced staff nearing retirement, yet provides a…
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