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Philadelphia Drops Old Pension Plan Test in Favor of New Cost-Saving Alternative

Official:Amending Title 22 of The Philadelphia Code, entitled "Public Employees Retirement Code," by amending Chapter 22-300, entitled "Retirement Benefits," by providing for the discontinuation of the existing test Deferred Retirement Option Plan (DROP), and by providing for a new test DROP; all under certain terms and conditions.

Sponsor: Councilmember Kenney

Introduced: September 18, 2003

: Committee of the Whole

pensions

No one voted on this bill

This bill was introduced in the 2000–2003 Council term and when that term ran out. The public record shows no committee vote and no floor vote at any stage, so no member of Council ever went on record for or against it.

That is not unusual here. Of the 8,465 bills introduced between 2000 and 2025, 1,624 lapsed without a single recorded vote. Ninety percent of bills that became law carry a roll call. Three percent of lapsed bills do. How this works.

Plain-Language Summary

This bill makes changes to the city's retirement plan for public employees, specifically affecting the Deferred Retirement Option Plan (DROP). The existing test DROP will be discontinued if it causes a material increase in costs and replaced with a new test DROP.

What This Bill Does

AI-written. Every figure is checked against the bill text.

Discontinues the existing test Deferred Retirement Option Plan (DROP) if it causes a material increase in costs.
Replaces the existing test DROP with a new test DROP.
Adds definitions to Title 22 of The Philadelphia Code, specifically defining "DROP" as the deferred retirement option plan established under Section 22-310 or 22-310.1.
Amends Chapter 22-300, entitled "Retirement Benefits", to include the new definition of "DROP".