Showing posts with label DROP State Employees Alabama Legislature Bob Riley. Show all posts
Showing posts with label DROP State Employees Alabama Legislature Bob Riley. Show all posts

Monday, March 7, 2011

Gary Palmer: Eliminating DROP is not an attack on state employees

  During the first week of the 2011 legislative session, Alabama made a significant move toward getting its fiscal house in order when both the House and Senate committees approved legislation to eliminate the Deferred Retirement Option Plan (DROP).

  According to projections from the Legislative Fiscal Office, eliminating DROP could save the state of Alabama up to $70 million.