Benefit Summary
Each of the following pages sets forth the Plan benefits in detail. For a copy of the full GESE Retirement Trust City of Miami Ordinance… CLICK HERE.
- Membership
- Contributions
- Retirement Payment Options
- Beneficiary Change After Retirement
- Maximum Benefits
- Disability Benefits
- Death Benefits
- Refund of Contributions
- Service Buybacks
- Cost-of-Living (COLA)
- Transfer of Sick and Vacation
- Excess Benefits Plan
Deferred Retirement Option Program (DROP)
Any member eligible to retire as of September 30, 2010, continues to be eligible for DROP
Backdrop
The BACKDROP option is effective January 1, 2013. Generally, the BACKDROP Option replaces the DROP program.
