Title:
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An Act concerning Prince George’s County Correctional Officers’ Pension Plan for the purpose of approving by legislative act an amendment to the Correctional Officers’ Pension Plan regarding the addition of line of duty death benefits
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Title
An Act concerning Prince George’s County Correctional Officers’ Pension Plan for the purpose of approving by legislative act an amendment to the Correctional Officers’ 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 Correctional Officers’ Pension Plan.
This is a new benefit for participants in the Correctional Officers’ Pension Plan. Under the current Correctional Officers’ 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(c) of the Prince George’s County Code which provides, in part, that any amendment to such pension plan is subject to the approval by legislative act of the County Council.