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MONTGOMERY COUNTY
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(8) generally amend County law regarding the Montgomery County Arts
Council and the Commission on the Humanities.
By amending
Montgomery County Code
Chapter 5A, Arts
Sections 5A-1, 5A-2, 5A-3, 5A-4, 5A-6, and 5A-7
By repealing
Chapter 9A, Commission on the Humanities
[Effective Date February 11, 2000]
Bill No. 18-99
Chapter 26
Laws of Montgomery County, 1999
AN ACT to:
(1) allow a Group G member to retire after 25 years of credited service
regardless of age;
(2) provide for Deferred Retirement Option (DROP) Plans that allow certain
bargaining unit and other employees to elect a deferred retirement option under
which the participating employee [[:
(a)]] "retires" but continues to work for a specified time period while
pension payments are deferred;
[[(b) actually retires at the end of the period and receives pension
payments deferred during the period; and
(c) upon actual retirement, receives retirement benefits based on
credited service before the member began participating in the DROP Plan;]]
[[(3) establish a DROP Plan for Group F members that allows an employee who
is at least 41 years old with at least 20 years of credited service to participate for up
to 24 months;]]
[[(4) establish a DROP Plan for Group G members that allows an employee with
at least 25 years of credited service to participate for up to 36 months;]]
[[(5) increase the amount of the employee contribution for a Group F member in
the Integrated Plan;]]
[[(6)]]
(3) increase the amount of the employee retirement contribution for [[a]]
certain Group F and G [[member]] members in the Optional flan or Integrated Plan;
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- 5345 -
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