AN ORDINANCE
NO.

An ordinance amending the Columbus, Georgia Pension Plan for General Government Employees, and the Columbus, Georgia Pension Plan for Employees of the Department of Public Safety, and the Deferred Option Retirement Plan to provide that participants may elect to suspend their DROP participation and extend their full time employment with the Consolidated Government for up to three years; and for other purposes.

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THE COUNCIL OF COLUMBUS, GEORGIA HEREBY ORDAINS:
SECTION 1.

A new subsection (g) is added at the end of Section 2.13 of the Columbus, Georgia Pension Plan for General Government Employees to read as follows:
SECTION 2.

A new subsection (d) is added at the end of Section 2.19 of the Columbus, Georgia Pension Plan for General Government Employees to read as follows:
SECTION 3.

Section 4.06 of the Columbus, Georgia Pension Plan for General Government Employees is hereby stricken and replaced by a new Section 4.06 to read as follows:

4.06 Pension Benefits Upon Reemployment: If a former Member who is receiving a Pension is reemployed by the Government, the following rules shall apply:

SECTION 4.

A new subsection (f) is added at the end of Section 2.14 of the Columbus, Georgia Pension Plan for Public Safety Employees to read as follows:
SECTION 5.

A new subsection (d) is added at the end of Section 2.20 of the Columbus, Georgia Pension Plan for Public Safety Employees to read as follows:
SECTION 6.

Section 4.06 and of the Columbus, Georgia Pension Plan for Public Safety Employees is hereby stricken replaced by a new section 4.06 that reads as follows:

4.06 Pension Benefits Upon Reemployment: If a former Member who is receiving a Pension is reemployed by the Government, the following rules shall apply:


SECTION 7.

The Deferred Retirement Option Plan (“the DROP”) adopted to be effective July 1, 2012 is hereby amended and restated in the form shown on the restated plan which is attached as Exhibit A hereto.
SECTION 8.

This ordinance shall be effective and govern all current and future DROP participants as of February 1, 2017.
SECTION 9.

All ordinances or parts of ordinances in conflict with this ordinance will stand repealed on its effective date.
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Introduced at a regular meeting of the Council of Columbus, Georgia held on the 13th day of December, 2016; introduced a second time at a regular meeting of said Council held on the __ day of , 2017 and adopted at said meeting by the affirmative vote of members of said Council.

Councilor Allen voting______________.
Councilor Baker voting______________.
Councilor Barnes voting_____________.
Councilor Davis voting______________.
Councilor Garrett voting____________.
Councilor Henderson voting__________.
Councilor Huff voting_______________.
Councilor Thomas voting_____________.
Councilor Pugh voting_______________.
Councilor Woodson voting____________.


_____ _____________________________
TINY B. WASHINGTON TERESA PIKE TOMLINSON
CLERK OF COUNCIL MAYOR

Substitute Amend to DROP 1-10-17 Exhibit A.pdf