The resolution
calls for an actuarial study to be completed in 120 days that would make
recommendations regarding the feasibility of the policy change.
Under the proposal,
employees who provide total support, including food, clothing, shelter,
and other care, to one or more grandchildren or mentally or physically
incapacitated persons would be able to name those individuals as beneficiaries.
Currently,
only employees hired after 1999 can name persons other than spouses or
children under age 18 as beneficiaries under the defined contribution
plan.The proposal would not affect eligible employees who are married
or who have children under age 18.
The resolution
was introduced to address the needs of employees who are caregivers to
parents, grandparents, grandchildren, other family members, or to any
other 'care receivers,' who may or may not be relatives.
"The purpose
of the resolution is consistent with board policy that promotes families
rather than institutions with respect to the well-being and stability
of the community," said Commissioner Darnell.
The Atlanta
Regional Commission estimates that 18,000, or 12 percent, of Fulton County
seniors over age 55 live with caregivers, and that 2,774 grandparents
in Fulton County are raising their grandchildren.
To view a copy
of the resolution, log onto the official Fulton County website, www.myfultoncountyga.us.







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