Wednesday, July 8, 2015

PICA Comes Out Against DROP

The Pennsylvania Intergovernmental Cooperation Authority -- the city's state-created fiscal watchdog -- today gave a show of support to Mayor Nutter's effort to end the Deferred Retirement Option Plan.

PICA Comes Out Against DROP

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The Pennsylvania Intergovernmental Cooperation Authority -- the city's state-created fiscal watchdog -- today gave a show of support to Mayor Nutter's effort to end the Deferred Retirement Option Plan.

At their meeting today, the PICA board voted to affirm the credibility of an administration-commissioned study from Boston College, which said the program has cost the city $258 million since 1999, according to board President Jim Eisenhower. PICA also plans to send a letter to Nutter offering their support for ending the controversial program, Eisenhower said.

Nutter has sent legislation to Council to end the program. But Council -- six of whose members are enrolled in DROP and will receive payments by 2012 - has said it won't be pushed into a decision on what to do.

Council President Anna Verna has commissioned a review of the Boston College study by an outside consultant, as well as an opinion from the city solicitor on whether DROP changes must be bargained with the unions, and has said she wants the results before holding hearings.

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William Bender, a Drexel graduate who landed at the Daily News in 2007, has covered everything from South Philly mobsters to doomsday hucksters. He occasionally writes about local food trucks and always eats everything on his plate, whether it be a bloody rib eye or a corrupt politician. E-mail tips to benderw@phillynews.com
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David Gambacorta, has been a reporter with the Daily News since 2005, covering crime, police corruption and all of the other bizarre things that happen in Philadelphia. Now he’s covering the 2015 mayor’s race, because he enjoys a good circus just as much as the next guy. He’s always looking to get a cup of coffee. Send news tips and other musings on life to gambacd@phillynews.com
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