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Pension Announcements

BOC Adopts Pension Plan Amendment

Notification of pension amendments can be found below if there are any pending.  If you have questions, please email pension@cobbcounty.org.

IMPORTANT NOTICE ABOUT YOUR PENSION PLAN

ELEVENTH AMENDMENT ADOPTED BY BOARD OF COMMISSIONERS ON DECEMBER 12, 2023

ANNOUNCEMENT DATE: DECEMBER 12, 2023

Eleventh Amendment Red-Line Document

Summary of the Eleventh Amendment

The purpose of the Eleventh Amendment is to decrease the vesting requirement for Hybrid Participants who are actively employed, first hired on, or rehired after January 1, 2024, from ten (10) to seven (7) years. The amendment does not impact future benefit accruals but reduces the service required to vest in benefit accruals for Hybrid Participants described above. The Eleventh Amendment will be effective January 1, 2024.