Police Deferred Retirement Option Plan

At a glance

  • What: Bill 46, a Limited Deferred Retirement Option Plan (DROP) for the police pension.
  • Where it stands: Council held a special meeting on 2026-09-09 with a presentation and questions; it did not vote and is waiting for a consultant's (Maher Duessel) five-year financial report due 2026-10-15.
  • Next: Not stated in the sources read.

Details

  • Police representatives and the FOP took part in the presentation and questions on 9/9.
  • Several council members said they were concerned about voting before the consultant's report.
  • Related: the 2027 minimum municipal obligations for pensions were reported on 9/16 (see 2027 City Budget and Five-Year Plan).

Sources

Log

2026-09-09 - City Council Special Meeting

  • Presentation and questions only; no vote. Council is waiting for the consultant's five-year report due 10/15; adjourned 6:54 PM.

2026-09-02 - City Council

  • A special meeting on Bill 46 was announced for 9/9.