PLEA: Retirement plan rumors swirl - Ahwatukee Foothills News: Commentary

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PLEA: Retirement plan rumors swirl

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Posted: Tuesday, January 12, 2010 12:00 am

This year promises to be one of the most contentious sessions in recent years due to huge budgetary concerns. There are rumblings of a number of “fix-it” bills that will be challenging in that while creating a short-term reduction of budget liability, there may be long-term unintended consequences.

There have been a number of interesting rumors that the Deferred Retirement Option Plan is in jeopardy or facing some uncomfortable reform. Frankly, those discussions are taking place among some at the Legislature. We have been spending exhaustive hours placing “butts in seats” to redirect some of those efforts to target the wonderful benefits we enjoy through our retirement systems into alternative methods to improve revenue streams to insure the fund’s long-term and short-term health.

So-far most of our talks look very promising. I have attended a significant number of stakeholder meetings on law enforcement issues, and I am encouraged that most lawmakers are deeply interested in the impact of proposed legislation on the law enforcement community and have sought our input.

 

Levi Bolton is a lobbyist for the Phoenix Law Enforcement Association, which is the labor bargaining unit for rank-and-file police officers in the city.

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