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MIRAMAR (BROWARD COUNTY) · LOCALlocal legislationAgenda Ready
Local Impact
Updates to Police Officers' Retirement Benefits
Original title: Police Officers’ Retirement Plan and Trust Fund to establish a Partial Lump Sum Option Payment (PLOP) and update provisions related to the Deferred Retirement Option Plan (DROP
May 20, 2026
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The Frame
What this does
These changes affect how police officers manage their retirement savings and may influence how long experienced officers choose to stay on the force.
What changed
Last recorded activity May 20, 2026.
What's next
Next step not available in the current record.
Summary
This proposed law introduces a new option for police officers to receive a portion of their retirement savings as a single, upfront cash payment. It also updates the rules for the program that allows officers to continue working while their retirement benefits accumulate in a separate account.
Why It Matters
These changes affect how police officers manage their retirement savings and may influence how long experienced officers choose to stay on the force.
Key Facts
- The ordinance creates a Partial Lump Sum Option Payment (PLOP) for police retirees.
- The proposal updates existing rules for the Deferred Retirement Option Plan (DROP).
- The legislation is identified as file number O1866.
News Coverage
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Connected Entities
Sources
Open source document
webapi.legistar.com
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