PRINCE FREDERICK, Md. –Jan. 22, 2018–The Calvert County Board of County Commissioners (BOCC) will hold two public hearingsJan. 23, 2018, to consider and receive comments on an amendment to the Calvert County Employee Retirement Plan and on theCalvert County Sheriff’s Office Pension Plan.
The hearings will begin at10:30 a.m.at the Commissioners Hearing Room in the Calvert County Circuit Courthouse, located at 175 Main St. in Prince Frederick.
The amendments add a Deferred Retirement Option Program (DROP) under which an employee agrees to retire from county employment at the end of DROP participation. Employees enrolled in DROP consent to the calculation of retirement benefits as if the participant actually retired when DROP participation begins. They also consent to the accumulation, and delay, of payment of retirement benefits during the program and instead will receive a set sum of money credited to a separate account during each year of continued employment.
Citizens can view the resolutiononline. For additional information, contact the Calvert County Department of Human Resources at410-535-1600, ext. 2802or via email email@example.com. Individuals who cannot attend the public hearing may submit written comments.These written comments must be received by4:30 p.m., Jan. 22, 2018, and may be submitted by emailingCOMMISS@calvertcountymd.govor through the U.S. mail to the BOCC at 175 Main St., Prince Frederick, MD 20678.
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