PORTLAND/MULTNOMAH COUNTY (OR) - POLICE CONSOLIDATION PROJECT - CONSULTANT REPORT - PENSION STUDY

• NCJ Number: 30828
• Author(s): S A EGGER
• Date Published: 1973
• Length: 52 pages
• Grant Number(s): 72 A 2.2; 73 A 2.21
• Sponsoring Agency: US Dept of Justice; Oregon Law Enforcement Council
• Corporate Author: Portland/Multnomah Cty Police Consolidation Project; Philip H Talbert and Associates, Inc.
• Publication Format: Document
• Language: English
• Country: United States of America

Annotation

THIS REPORT DESCRIBES THE DEVELOPMENT AND PRIMARY FEATURES OF A UNIFIED RETIREMENT PLAN FOR ALL CITY AND COUNTY LAW ENFORCEMENT OFFICERS AND FIRE FIGHTERS FALLING UNDER THE PROPOSED CONSOLIDATED CITY-COUNTY GOVERNMENT.

Abstract

IN RESPONSE TO A MOVE IN OREGON TO CONSOLIDATE THE CITY AND COUNTY GOVERNMENTS IN MULTNOMAH COUNTY, THE POLICE CONSOLIDATION PROJECT WAS FORMED. THE PROJECT WAS DESIGNED TO STUDY, PLAN, AND EVENTUALLY IMPLEMENT CONSOLIDATION OF CITY-COUNTY POLICE FUNCTIONS. THIS PENSION PLAN WAS DEVELOPED AT THE REQUEST OF THE CITYCOUNTY CHARTER COMMISSION STAFF. SEVERAL FACTORS IN THE DEVELOPMENT OF THIS PENSION PLAN ARE FIRST DISCUSSED. THESE INCLUDE DIFFERENCES IN THE EXISTING PENSION PLANS, THE BENEFITS OF EACH PLAN, COSTS OF FUNDING A MASTER PLAN, COMPARISONS OF MASTER PLAN FUNDING COSTS TO EXISTING PLANS' COSTS, AND ALTERNATIVE METHODS OF FUNDING THE CONSOLIDATED PLAN. A DRAFT OF THE CONSOLIDATED PLAN DEVELOPED BY THE CONSULTANTS IS PROVIDED. AMONG THE TOPICS ADDRESSED IN THIS MASTER PLAN ARE ELIGIBILITY, MEMBER CONTRIBUTIONS, FUNDING, BENEFITS, AND REFUNDS. ALSO INCLUDED IS A SECTION INDICATING FUNDING COSTS WHICH WOULD BE PRESENT SHOULD CITY-COUNTY CONSOLIDATION FAIL AND THE MASTER PLAN BE EXTENDED ONLY TO CITY AND COUNTY LAW ENFORCEMENT OFFERS IN THE EVENT OF DEPARTMENT MERGER. (AUTHOR ABSTRACT MODIFIED)