LTC 234-2011 Current Participants in DROP MIAMI'BEACH h.
OFFICE OF THE CITY MANAGER
19 p
No. LTC # 1234 - 201 LETTER ffi
TO: Mayor Matti Herrera. Bower and Members of the City Commission
FROM: Jorge M. Gonzalez, - City Manager
DATE 16, 2011
SUBJECT: Current Participants in the Deferred Retirement Option Plan (DROP)
As requested by the Finance and Citywide Projects Committee during the July 28, 2011
meeting, attached are listings of current participants in the. Deferred Retirement Option
Plan (DROP), indicating employee, number; employee name, job - title, annual
pensionable pay and DROP end date. The DROP period -for the listed employees is
three (3) years.
As you know, the City has two pension plans. the City Pension Fund for Firefighters and
Police Officers for sworn employees and the Miami Beach Employees' Retirement Plan
(MBERP) for general employees.
• Exhibit 1- lists sworn Fire Department Personnel in the DROP;
- Exhibit 2 lists sworn 'Police Department Personnel in the DROP; - and
• Exhibit 3 lists general employees in the DROP
The information is sorted by DROP end date; showing the earliest DROP end dates first.
If you have any questions or. need any additional information please feel free to contact
Ramiro J. Inguanzo, Human. Resources Director, at 305.673.7524.
Attachment
F \HUMA \$all \REG \LTC \DROP PARTICIPANTS 4.docx
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