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.