Title:
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An Act concerning Prince George’s County Deputy Sheriff’s Pension Plan for the purpose of approving by legislative act an amendment to the Deputy Sheriff’s Pension Plan regarding the addition of line of duty death benefits
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Title
An Act concerning Prince George’s County Deputy Sheriff’s Pension Plan for the purpose of approving by legislative act an amendment to the Deputy Sheriff’s Pension Plan regarding the addition of line of duty death benefits
Background
This legislation adds a line of duty death benefit to surviving spouses in the Deputy Sheriff’s Pension Plan.
This is a new benefit for participants in the Deputy Sheriff’s Pension Plan. Under the current Deputy Sheriff’s Pension Plan, a participant who dies before retirement currently leaves no benefit other than a return of employee contributions plus interest.
This legislation is required pursuant to Section 16-231 of the Prince George’s County Code which provides, in part, that such pension plans may not be amended to bind the County to finance or make contributions to such pension plans, unless such amendments are approved by legislative act of the County Council.