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Council introduces deferred retirement option for deputy sheriffs

Howard County Council · September 3, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council Bill 51-2024 was introduced to add a deferred retirement option program (DROP) for participating deputy sheriffs to the Howard County retirement plan; the bill outlines eligibility, account provisions, and terms but no vote was taken tonight.

The Howard County Council introduced Council Bill 51-2024, which proposes amendments to the county retirement plan to create a deferred retirement option program (DROP) for participating deputy sheriffs. The administrator read that the bill would define eligibility, establish account requirements, set participation terms and termination conditions, and address provisions related to disability, death, or retirement.

Council members did not vote on the bill during the session; it was introduced for future consideration and public hearing. The transcript includes the bill’s scope but does not specify actuarial impacts, employer contribution changes, or effective dates.