File #: ID#13-235    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 4/21/2014 In control: City Council
On agenda: 5/6/2014 Final action:
Title: Amend 457 Deferred Compensation Plans with ICMA-RC and MassMutual (Hartford)
Attachments: 1. Staff Report - 457 Def Comp Plan Amendment for Loan Program, 2. 457 Def Comp Loan Resolution, 3. ICMA Loan Guideline Agreement, 4. MassMutual Plan Document Preparation Service Election Form
Title
Amend 457 Deferred Compensation Plans with ICMA-RC and MassMutual (Hartford)
 
Recommended Action
Adopt a RESOLUTION amending the plan documents with ICMA-RC (plan #300313) and MassMutual Insurance (plan #109899) to implement a loan program for all employees participating in those respective Deferred Compensation 457 plans.