Agenda Item 4B
October 31, 2017
ME MO RA ND UM
October 27, 2017
Robert H. Drummer, Senior Legislative Attorney
l . \,
ent Savings Pla n-
Expedited Bill 33-17, Employees' Retirem
Disability Benefits Pla n-T erm inat ion of Benefits - Amend
- Disability Benefits Plan -
Expedited Bill 33-17, Employees' Retirement Savings Plan
Council President Berliner
ion of Benefits -Am end men ts, sponsored by Lead Sponsor
duced on October 31, 2017. A
request of the County Executive, is scheduled to be intro
at 1:30 p.m.
public hearing is tentatively scheduled for November 28
Bill 33-17 would increase the age long term disability ben
efits end from 65 to 70.
Savings Plan, the Guaranteed
County employees who are participants in the Retirement
eligible for benefits under the Disability
Retirement Income Plan, or the Elected Officials Plan are
disability benefits for both service-
Benefits Plan (the Plan). The Plan provides long term
nected benefit is 52.5% of salary
ed and non-service connected disabilities. A service con
A non-service connected benefit is 2%
for partial disability and 70% of salary for total disability.
benefit of 30% and a maximum benefit
of salary per year of County employment with a minimum
Plan and each employee
salary. The County contributes 75% of the cost of the
of 60% of
and the Summary of the Plan
tes 25% of the cost. See the basic outline of the Plan at ©9
Description at ©10-18.
when a participant reaches the
The Plan requires the CAO to terminate disability benefits
from age 65 to age 70. 0M B
Bill 33-17 wou ld extend eligibility for disability benefits
age of 65.
age 70 wou ld be $420,000. The
ates that the Cou nty' s annual cost to extend benefits to
2 per month per employee. See the
ual total cost to all employees would be $140,000 or $2.2
e disability benefits was negotiated
Fiscal Impact Statement at ©5. This increase in employe
the Executive and MCGEO is at ©19-
between the Executive and MCGEO. The MOU between
MCGEO, the Bill would increase the
addition to the eligible employees represented by
including elected officials.
disability benefit for eligible non-represented employees,
loyee's Retirement System are eligible for a
the defined benefit plans under the Emp
ted by Bill 33-17.
different disability retirement pension that would not be affec