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Council to decide on pension plan

March 31, 1998

Hagerstown City Council members are expected to decide on April 7 whether to create a separate pension plan for the city's 153 eligible police and fire personnel.

The council must decide soon if the paperwork is to be ready in time to withdraw from the state retirement plan by the state's June 30 deadline. A city pension plan would take effect July 1.

An extra benefit of a separate, city-run plan is that public safety employees would be able to retire after 25 years of service instead of the 30 years now required.

Employees must decide whether to withdraw from the existing pension plan.

About 50 police and fire employees attended a meeting on March 24 to ask about the possible plan, said City Administrator Bruce Zimmerman.

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