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Deferred Retirement Option Plan

Philadelphia City Commission Begins Its Post-Tartaglione EraIn a low-key event, the Philadelphia city commissioners have elected Stephanie Singer as their chairwoman, succeeding Marge Tartaglione, who ran the office for several decades.
Former City Finance Director Named To Similar Spot in Philadelphia Sheriff's OfficeSheriff Jewell Williams has named Benjamin Hayllar (left) as his top financial advisor and chief deputy for finance and accountability, effective immediately.
City Council Bids Farewell To 6 Longtime Members, Including Pres. Anna VernaRetiring City Council president Anna Verna got a standing ovation. She is one of six outgoing councilmembers honored during their final meeting.
Philadelphia City Council's Final '11 Meeting Marks End of Verna EraVerna is the longest-serving City Council member in Philadelphia history and the first female president of Council.
Philadelphia City Council Approves 3.85-Percent Property Tax Hike; Mayor Vetoes DROPProceeds from that property tax bump -- combined with a meter rate increase for street parking and some city surplus funds -- will give the school district an extra $53 million.
Philadelphia City Council Votes To Keep DROP, With ModificationsPhiladelphia City Council has voted to tweak the controversial lump-sum pension perk known as "DROP," turning its back on the mayor's call to abolish the program.
Philadelphia Councilman Wants Firefighter Retirement Deadlines Waived During Staffing ShortageA Philadelphia city councilman says staffing shortages in the Philadelphia Fire Department could be readily solved if the mayor let dozens of firefighters who are due to retire stay an extra year.
No DROP Hearings Yet Because We're Too Busy, Says Philadelphia Council PrezPhiladelphia City Council president Anna Verna denies any footdragging, even though she has yet to schedule a hearing on eliminating the controversial city pension perk known as "DROP."
DROP Challenges In Philadelphia Elections Shifted To Pennsylvania High CourtA panel of Pennsylvania Commonwealth Court judges says it is the state Supreme Court that should have jurisdiction over the challenges to the candidacies of City Council members Frank Rizzo and Marian Tasco, and city commissioner Marge Tartaglione.
Appeals Expected After Philadelphia Judge OKs Candidates Who Took PensionsOpponents say they are not dropping the "DROP" issue -- the controversial city pension plan that's created a large measure of debate in and around Philadelphia.
DROP Action Delayed; Watchdog Group Sees StallingIt’s been more than three months since Philadelphia mayor Michael Nutter called on City Council to abolish the controversial retirement program known as "DROP."