Reform 4.6: Cost Neutrality
Complete DROP Cost Neutrality Study and Implement Necessary Reforms. Other Information:
One of the conditions in Prop D was the completion of a cost neutrality on the “Deferred Retirement Option Plan” (DROP) program.
As part of the creation of DROP, the program was supposed to be implemented in a strictly “cost neutral” manner. Unfortunately
significant questions remain on whether that has occurred over the life of this controversial program. By July 1, 2011, the
Mayor and City Council should complete the DROP study and implement any necessary reforms and adjustment to the DROP program
or salaries of DROP participants to ensure full cost neutrality.
Indicator(s):
|
