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03-1411 ICMA City Manager Retirement Plan
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03-1411 ICMA City Manager Retirement Plan
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Last modified
5/3/2007 10:14:23 AM
Creation date
5/3/2007 10:12:48 AM
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City Clerk
City Clerk - Doc Type
Resolutions
City Clerk - Date
3/24/2003
Doc Number
03-1411
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<br />o Other Method, (Note to Employer: Provide below language which <br />will satisfy the 1.0 limitation of section 415(e) of the eode, Such <br />language must preclude Employer discretion, See section 1.415-1 of <br />the Regulations for guidance,) <br /> <br />3, The limitation year is the following 12-consecutive month period: <br />N/A <br /> <br />IX, VESTING PROVISIONS <br /> <br />The Employer hereby specifies the following vesting schedule, subject to (1) the minimum <br />vesting requirements as noted and (2) the concurrence of the Plan Administrator. <br /> <br />Years of <br />Service Percent <br />eompleted \Testing <br />Zero 100 % <br />One - % <br />Ty\'To - % <br />Three - % <br />Four % <br />Five - ?-b <br />Six % <br />Seven % <br />Eight - % <br />Nine - % <br />Ten % <br /> <br />X. Loans are permitted under the Plan, as provided in Article XIII: <br /> <br />[l <br /> <br />Yes <br /> <br />o <br /> <br />No <br /> <br />[751] <br /> <br />XL <br /> <br />The Employer hereby attests that it is a unit of state or local government or an agency or <br />instrumentality ofG>ne or more units of state or local government. <br /> <br />XII, <br /> <br />The Plan AdministratOr hereby agrees to inform the Employer of any amendments to the <br />Plan made pursuant to Section 14,05 of the Plan or of the discontinuance or abandonment <br />of the Plan, <br /> <br />XIII, <br /> <br />The Employer hereby appoints the leMA Retirement eorporation as the Plan Administra- <br />tor pursuant to the terms and conditions of the leMA RETIREMENT eORPORA- <br />TION GOVERNMENTAL MONEY PUReHASE PLAN & TRUST <br /> <br />The Employer hereby agrees to the provisions of the Plan and Trust. <br /> <br />.MPP Adoption.>\greemem 4/30/2000 <br /> <br />5 <br />
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