Official:Amending Title 22 of The Philadelphia Code, entitled "Public Employees Retirement Code," to create two new Plans, entitled "Plan '10" and "DC Plan," for (i) certain employees hired or rehired on or after January 1, 2010; and (ii) certain electing employees; and making technical changes; all under certain terms and conditions.
Sponsor: Councilmember Clarke
Introduced: April 29, 2010
Signed: June 17, 2010
: Committee on Labor and Civil Service
Status: Signed into Law, step 4 of 4
This bill creates two new pension plans for certain Philadelphia city employees: 'Plan '10' and the 'DC Plan.' It affects employees hired or rehired after January 1, 2010, who opt into these plans.
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