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Council fails to advance resolution on officers joining state retirement plan after fiscal questions
Summary
Council heard R-26-10 to authorize participation in the Maryland LEOPS pension plan; staff said officers would contribute 12% and any city cost depends on a state assessment (no full fiscal estimate available); motion failed and staff were asked to prepare numbers.
Council considered Resolution R-26-10 to authorize the City of Seat Pleasant’s participation in the Maryland State retirement plan for law enforcement officers (LEOPS).
A staff representative explained that participating officers would have 12% deducted from their pay and that the state performs an assessment to determine any employer liability. "The officers will contribute…
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