HomeMy WebLinkAbout~Master - Amendment to 457 Deferred Compensation Plan RESOLUTION NO. 01-559
RESOLUTION ADOPTING AMENDED
457 DEFERRED COMPENSATION PLAN DOCUMENT
FOR THE CITY OF AMES,IOWA
WHEREAS, recent changes in federal law have allowed several improvements to 457
deferred compensation plans; and,
WHEREAS, implementation of these changes will require that the City amend the plan
document; and,
WHEREAS, the amended plan document is the model document prepared by the
International City Managers' Association (ICMA) Retirement Corporation to meet all IRS
requirements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the amended 457 deferred compensation plan document is hereby adopted as attached hereto and
made a part hereof by this reference.
ADOPTED THIS 18t' day of December, 2001.
Diane R.Voss,City Clerk Ted Tedesco,Mayor
Introduced by: Goodhue
Seconded by: Wirth
Voting aye: Campbell, Cross, Goodhue, Hoffman, Quirmbach, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 18t'day of December, 2001.