City of Alexandria, Virginia
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MEMORANDUM
DATE: NOVEMBER 6, 2019
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: MARK B. JINKS, CITY MANAGER /s/
DOCKET TITLE:
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Consideration of a Resolution to Opt into VRS Enhanced Hazardous Duty - No Supplement for Deputy Sheriffs. [ROLL-CALL VOTE]
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ISSUE: Consideration of a resolution to opt into VRS Enhanced Hazardous Duty - No Supplement for Deputy Sheriffs.
RECOMMENDATION: That City Council adopt the proposed resolution (Attachment 1) which opts into VRS Enhanced Hazardous Duty Plan with No Supplement for the deputy sheriffs.
BACKGROUND: There are currently three plans in the Virginia Retirement System that City of Alexandria participates in, depending on when an employee established membership and when and if the employee has reached 60 months of creditable service. Plan 1 employees became members prior to July 1, 2010 and accrued 60 months of services before January 1, 2013. Plan 2 employees become members between July 1, 2010, and December 31, 2013. The Hybrid Plan is a combined plan with both defined benefit and defined contribution elements for employees hired after January 1, 2014.
In 2014 City Council approved a resolution which dictated that all deputy sheriffs, medics and fire marshals would be exempt from the hybrid plan. The resolution also provided deputy sheriffs, medics and fire marshals with the same eligibility as Plan 1 employees, regardless of their hire date (between July 1, 2010 and December 31, 2013). Future employees of these departments in these positions will be considered Plan 2 employees with Plan 1 eligibility.
VRS also offers Enhanced Hazardous Duty Plan (EHD) for uniformed employees. This plan allows for earlier retirement and a supplement to be paid to its participants. Beginning in 2008 all public safety officers in VRS were required to participate in the EHD plan unless the juris...
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