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Agda Pkt 2025.06.09 Joint SA PFA
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Agda Pkt 2025.06.09 Joint SA PFA
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Last modified
6/10/2025 4:34:20 PM
Creation date
6/10/2025 4:28:06 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
6/9/2025
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CONSENT CALENDAR - Continued <br /> 6.C. Resolution approving and authorizing the City Manager <br /> to amend or establish Section 457(b) deferred <br /> compensation plans for Redwood City employees, including <br /> the authority to negotiate, execute, and amend agreements <br /> for such plans as needed <br />Recommendation: <br />Adopt a resolution approving and authorizing the City Manager <br />to amend the Section 457(b) deferred compensation plans <br />currently maintained by the City for Redwood City employees <br />or to establish Section 457(b) deferred compensation plans for <br />Redwood City employees, the terms of which designate the City <br />Manager ex officio to be the “Plan Administrator” with the <br />discretionary authority set forth therein, including the authority <br />to negotiate, execute, and amend agreements for such plans as <br />needed.
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