Firefighters’ 401(a) DROP Review

Deferred Compensation Plans Committee · 2026-06-03 · agenda_item

The Deferred Compensation Plans Committee for the City of Delray Beach is reviewing the Firefighters' 401(a) DROP plan. This review is currently pending, meaning it is in the early stages of the public process. While no specific construction or development is outlined in this item, the review of a financial plan like this could lead to future needs for financial advisors, legal counsel, and administrative support services. Businesses specializing in financial planning, investment management, and compliance services may find opportunities as this review progresses. Engaging early allows providers to understand the city's needs and potentially shape future service agreements.