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Ord 2367
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Ord 2367
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Entry Properties
Last modified
12/13/2011 4:07:50 PM
Creation date
9/15/2011 2:14:09 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Ordinance
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
9/12/2011
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@J' Therc is no Plan-defined limit on che percenrage or dollar amomt of amings d�at may be connibuced, <br /> ❑ % of nreinga' <br /> `Definirion of earnings: ❑ Same u Sarion V[.A.. ❑ Othu <br /> ❑ $ for the Plan year. <br /> Sa Sxtion V.B. Cor a diacvamon of nondiaaiminacion nilu rhu mayapply [o Imn-collectivdy baz�ined tdFi'wicd Plans. <br /> VII. Vwtiog for Direct Hmployet Coatrib¢tioas <br /> A. Vnting Seheduk (check one bo� <br /> � 17u aaount ia 100% vattd at all wnes. <br /> ❑ The f°ll°°n°6 �a�"B achedule ahall apply ro D'vat Employer Contribuuons a4 outlined in Section VI.B.1.: <br /> . Years af Senire Vndng <br /> Completed perceapge <br /> % <br /> % <br /> % <br /> � <br /> % <br /> % <br /> % <br /> C % <br /> % <br /> % <br /> s. rhe.cunnt..ju baome l00%.e�tee apoa the a«rb. au.bu;ry. rttirtment', o�.tmin�ai �trwes� <br /> 'Iigibillt7 (as oodlned in Smaon D[a by a Pertielpant. <br /> D n of retiiement (�eck one bo�: <br /> A»�^�+^•^� u de6ned in the primary retitwmt plan of che Employa <br /> ❑ Sepandon fmm setvia <br /> ❑ Othu <br /> C. Auy paiod of ar�i« by a Partidpaot prior oo a ae6ix of the Partidpant by ihe Hmployee shall not comt <br /> toward tLe vatiag uhedule outlined in A abo�e. <br /> VIII. ForFdturc ProvLiom <br /> Upon separation from the aervia of rhe FmP�OY� P�� ��a�oT �beoe6t eligibility (as ouclined in Seaion D�, or <br /> upon meraion m rhe Trurt of a Puriapam i account weu remaining upoa the puudpant e dnrh (aa oudined in Sation <br /> 7Q)� a Parricipan�'a non-veated funda ehall (chak ooe bo�: <br /> ❑ Remain in the Truat w be reallocated among all remainin8 �P�OYas Pattiapating in tlu Plan u Direct EmPloya <br /> Cont�ibutions for d�e nact and succeeding wnmburion cyde(a). <br /> �Remain in the Truu m be rcallocated on an equal dollar buie among all Plan Participants. <br /> ❑ Remain in �he Trus� ro be rallas�ed among all Plan Putidpana bued upon Pucidpan[ account balanca. <br /> ❑ Revac m tLe Employer. <br /> � <br /> �� � ._ ..._ _ _. . __. .`� <br /> � , <br /> �' <br /> a . . . �. � _,. . _ ^, .._ . ._:� . � . <br />
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