The information below is provided in response to questions by the retirement work group.
|1||What are the cost savings reflected in the change from Plan A/B to Plan C/D?|
|2||What is the projected number of general County employees that would be eligible for the pre-Social Security supplement under plans C and D given the average age (38) of new hires?|
|3||What would be the cost savings if all general County employees participated in Employees' Retirement System Plan D and Plan C was eliminated?|
|4||What percentage of an employee's salary does the County contribute for employees into all retirement benefits including Social Security, for the three plans?|
|5||What is the total annual cost of the pre-Social Security supplement?|