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Pension benefits for DROP members


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Guest Bernertn
Posted

My union and city have ratified a new employee contract. Included are in the retirement package is a 6nyr. DROP and a medical supplement. Employees who entered the DROP prior to the new contract are being given the option of participating in the 6th year of the DROP but are excluded from the medical supplement. Is this proper?

Posted

Proper in what context? I think it is more a matter of contract than government regulation. Depending on what the collective bargaining agreement provides, it is possibly a violation of the CBA to give existing DROP members a 6th year, with or without the medical supplement. It is possible that the CBA requires they be given that 6th year and the medical supplement.

John Simmons

johnsimmonslaw@gmail.com

Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.

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