COUNCIL OF THE CITY OF PHILADELPHIA PUBLIC HEARING COMMITTEE ON LABOR AND CIVIL SERVICE - - - Room 696, City Hall Philadelphia, Pennsylvania Tuesday, December 3, 2002 2:00 p.m. - - - BILL 020622 - An Ordinance amending Section 22-310 of the Philadelphia Code, entitled "Deferred Retirement Option Plan (DROP)," by increasing the number of years an employee may remain in the DROP before being required to separate from City service, all under certain terms and conditions. BILL 020623 - An Ordinance amending Section 22-310 of the Philadelphia Code, entitled "Deferring Retirement Option Plan (DROP)," by eliminating the provisions that (i) limited the DROP to a specified test period and (ii) required certain findings by the Board of Pensions to continue the DROP after the test period, thereby enacting the DROP as a permanent part of the Public Employees Retirement Code; all under certain terms and conditions. - - - - - - VINCENT VARALLO ASSOCIATES, INC. Registered Professional Reporters Eleven Penn Center 1835 Market Street, Suite 600 Philadelphia, Pennsylvania 19103 (215) 561-2220 2
The Labor and Civil Service hearing scheduled for December 3, 2002 at 2:00 p.m. has been recessed to the call of the Chair. - - - 3 C E R T I F I C A T I O N I HEREBY CERTIFY that the foregoing proceedings of the Council of the City of Philadelphia of December 3, 2002, were reported fully and accurately by me, and that this is a correct transcript of the same. RE: COMMITTEE ON LABOR AND CIVIL SERVICE ___________________________ Lisa C. Bradley, RPR and Notary Public