Bill Text: DE HR29 | 2009-2010 | 145th General Assembly | Draft

Delaware House Resolution 29 (Prior Session Legislation)

Draft

Bill Title: Directing The Office Of Management And Budget To Study Deferred Retirement Option Plans.

Spectrum: Partisan Bill (? 1-0)

Status: (Introduced - Dead) 2009-06-30 - Passed in House by Voice Vote [HR29 Detail]

Download: Delaware-2009-HR29-Draft.html

SPONSOR:	Rep. M. Marshall

HOUSE OF REPRESENTATIVES

145th GENERAL ASSEMBLY

HOUSE RESOLUTION NO. 29

DIRECTING THE OFFICE OF MANAGEMENT AND BUDGET TO STUDY DEFERRED RETIREMENT OPTION PLANS.

WHEREAS, Deferred Retirement Option Plans can create cost savings for employers while maintaining valued employees; and

WHEREAS, the House of Representatives believes that saving the State of Delaware money while maintaining quality employees is a goal that the State of Delaware should try to achieve; and

WHEREAS, Deferred Retirement Option Plans present tax, legal, and plan design questions that warrant analysis and consideration; and

WHEREAS, the benefits of implementing a Deferred Retirement Option Plan should be examined.

NOW, THEREFORE:

BE IT RESOLVED by the House of Representatives of the 145th General Assembly of the State of Delaware that the Office of Management and Budget is directed to study the feasibility and best method of implementing a Deferred Retirement Option Plan for employees of the State of Delaware.

BE IT FURTHER RESOLVED that the Office of Management and Budget is directed to identify whether the use of a Deferred Retirement Option Plan by any agency, group of employees, group of officers, or section of State Government, including the judiciary, could save the State of Delaware money.

BE IT FURTHER RESOLVED that the Office of Management and Budget shall provide a report to the Speaker of the House no later than December 15, 2009 with recommendations on the feasibility of implementing a Deferred Retirement Option Plan, including the best method and identification of any agency, group of employees, group of officers, or section within State Government that would be suitable for a Deferred Retirement Option Plan pilot program.

SYNOPSIS

This resolution directs the Office of Management and Budget to study and provide a report to the Speaker of the House no later than December 15, 2009 with recommendations on the feasibility of implementing a Deferred Retirement Option Plan, including the best method and identification of any agency, group of employees, group of officers, or section within State Government that that would be suitable for a Deferred Retirement Option Plan pilot program.