Official:Amending the Ordinance approved July 12, 1968, as last amended June 12, 2014, relating to pension benefits for employees working on behalf of Philadelphia Gas Works by revising the Philadelphia Gas Works Pension Plan to incorporate amendments thereto with respect to death benefits for certain plan participants; all under certain terms and conditions.
Sponsor: Councilmember Green
Introduced: May 12, 2016
Signed: June 16, 2016
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill amends the Philadelphia Gas Works Pension Plan to change death benefit rules for certain employees. Eligibility for a Preretirement Death Annuity is now tied to specific years of service and age requirements.
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