10
Apr
2012

Cypress Council votes to move forward with PARS retirement incentive agreement

Categories: Early Retirement Incentives
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At its regular meeting on April 9, the Cypress City Council voted 4-1 in favor of accepting language proposed by Public Agency Retirement Services (PARS) for a supplemental retirement plan (SRP) to implement an early retirement program.

The resolution was deemed necessary by City Attorney William Wynder because the language proposed by PARS replaces standard language that the City of Cypress includes in most City agreements.

http://www.oc-breeze.com/2012/04/10/11668_cypress-council-votes-to-move-forward-with-pars-retirement-incentive-agreement/

 

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