D.C. Mun. Regs. tit. 22, r. 22-B8901

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 22-B8901 - RETIREMENT

8901.1

Policy: The PBC shall maintain a retirement plan to ensure employees have income during the retirement years. Details of the plan shall be contained in the appropriate plan documents and the Summary Plan Description (SPD). Supplemental savings options shall be offered to provide additional self-funded income, using tax advantages where appropriate.

8901.1

The PBC shall make available to employees education regarding post retirement income strategies. It is noted that the PBC shall provide these programs as a service to employees and does not endorse nor take financial responsibility for the advice given.

8901.2

The following procedures are applicable:

(a) Employees planning to retire shall file written notice with their manager and Human Resources as soon as the decision is made but no later than ninety (90) days prior to retirement;

(b) Human Resources shall then meet with the employee and provide direction as to the process in accordance with the SPD; and

(c) Department managers shall fill out the requisition form placing the employee in a retired status.

D.C. Mun. Regs. tit. 22, r. 22-B8901

Final Rulemaking published at 45 DCR 7353, 7406 (October 9, 1998)