Amend city employee retirement savings plan rules
Resolution Resolution No. 130-09
In Plain English
The city offers employees a 457(b) retirement savings plan that lets them set aside pre-tax income for retirement. The current plan rules were last updated in 2009. If approved, updated rules align the plan with current federal regulations and improve investment options for city workers.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
6 to 0
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