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HomeMy WebLinkAboutC09-163 CCOERA 401(a) Participation Agreement~~
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COLORADO COUNTY OFFICIALS AND
EMPLOYEES RETIREMENT ASSOCIATION
RETIREMENT PLAN AND TRUST AGREEMENT
401(a) PARTICIPATION AGREEMENT
Amended and Restated Effective as of July 1, 2008
Prepared by
HOLLAND & HARTLLP
ATTORNEYS AT LAW
SUITE 3200
555 SEVENTEENTH STREET
DENVER, COLORADO 80202-3979
(303) 295-8000
ASPEN • BILLINGS • BOISE • BOULDER • GASPER • CHEYENNE • COLORADO SPRINGS • DENVER
DENVER TECH CENTER JACKSON HOLE SALT LAKE CITY • SANTA FE • WASHINGTON, D.C.
COLORADO COUNTY OFFICIALS AND EMPLOYEES
RETIREMENT ASSOCIATION RETIREMENT PLAN AND
TRUST AGREEMENT
401(a) PARTICIPATION AGREEMENT
Association Member /Participating Employer:
Association Member Original Participation Date:
Participation Agreement Ef fective Date:
Prior Participation Agreement Information. If this is an amended Participation
Agreement, please indicate the effective date of the last Participation Agreement:
PREAMBLE
I. AGREEMENT. By this Agreement, by and between Colorado County Officials
and Employees Retirement Association ("Association") and the Association Member
specified in this Participation Agreement ("Agreement"), the Association Member adopts
as a Participating Employer the Colorado County Officials and Employees Retirement
Association Retirement Plan and Trust Agreement (the "Plan"), as amended and restated
effective July 1, 2008, and as further amended or supplemented from time to time, subject
to the modifications set forth in this Agreement. This Agreement shall amend and
supersede any previous participation agreement made by and between the Association
Member and the Association.
II. ADOPTION OF THE PLAN. The specified Association Member adopts the Plan
as a Participating Employer pursuant to the terms of the Plan and this Participation
Agreement, effective as of the Participation Agreement Effective Date. The Participating
Employer's participation in the Plan is conditioned on the timely payment by the
Participating Employer of its proportional share of contributions under the Plan, and in the
case of contributions deducted from a Participant's Compensation, payment no later than
the thirtieth (30th) day after such amounts would otherwise have been paid to the
Participant.
III. .REVIEW OF THE PLAN. The Participating Employer has reviewed the Plan,
and in particular Article 15 of the Plan. The Participating Employer has consulted, or had
opportunity to consult, with its legal and tax advisors with reference to the Plan and this
Participation Agreement.
CCOERA Retirement Plan and Trust Agreement Participation Agreement 7/1/2008 1
IV. APPROVAL OF PLAN TRUSTEE AND ADMINISTRATOR. The Participating
Employer approves and confirms the Trustee and Administrator designated by the
Association in the Plan to serve in each such capacities.
V. ASSOCIATION AS AGENT. The Participating Employer irrevocably designates
the Association as its agent as set forth in Article 15 of the Plan for all purposes of the
Plan, and authorizes the Association, on behalf of the Participating Employer, to perform
the specific acts and to exercise the specific powers granted under the Plan. The
Association or its designee shall have authority to make any and all necessary rules or
regulations, binding upon the Participating Employer and its Employees, to effectuate the
purpose of the Plan.
VI. PARTICIPATING EMPLOYER'S CONTRIBUTIONS. All contributions made by
the Participating Employer under the Plan and this Participation Agreement shall be
determined separately by each Participating Employer, and shall be allocated only among
the eligible Participants of the Participating Employer making the contribution in
accordance with Section 3.1 of the Plan.
CCOERA Retirement Plan and Trust Agreement Participation Agreement 7/1/2008 2
PARTICIPATING EMPLOYER ELECTIONS
(Paragraphs in this section are numbered to correspond to sections of the Plan.)
Note: Officials may opt out of Plan participation; however, if Officials do participate they
do not have to satisfy any minimum eligibility requirements. Accordingly, Sections
2.1(b)(2), 2.4(b) and 2.5(a) below only pertain to Employees. Additionally, Officials are
always fully vested in Participating Employer contributions; therefore Sections 5.2(b)(1),
5.2(c), 5.2(d), 5.2(e) and 5.2(g) below only pertain to Employees.
2.1(b)(2) STATUS OF EMPLOYEE. "Employee" means the following: (Specify one
option only.J
^ Every employee of the Participating Employer who: jComplete either
the~rst two blanks or the third blank only.J
• works at least ~ months per year, and
• who works at least ~ hours per week; or
• who works at least hours per year.
^ All Employees. Every employee of the Participating Employer.
2.1(b)(2) ELIGIBILITY SERVICE PERIOD. To become eligible to participate in the Plan,
an Employee must continuously perform the type of service required above
(e.g., a certain number of hours per week) for the period of time specified
below: [Specify one option only.J
^ None. Every Employee meeting the criteria above may begin
participation upon the first day of the payroll period following the
Employee's Date of Hire.
Twelve month period.
Six month period.
is ten years.)
month period. (Reminder, maximum vesting period
CCOERA Retirement Plan and Trust Agreement Participation Agreement 7/1/2008 3
2.4(b) RE-EMPLOYMENT MORE THAN THIRTY (3O) DAYS AFTER TERMINATION.
jSpecify one option only.]
2.5(a)
The Participating Employer shall grant prior service credit for
purposes of eligibility service in the event an Employee terminates
employment with an Association Member (including the Participating
Employer) more than thirty (30) days before his most recent Date of Hire
with the Participating Employer.
^ In accordance with the default provisions of Section 2.4(b) of the
Plan, the Participating Employer shall not grant prior service credit
for purposes of eligibility service in the event an Employee terminates
employment with an Association Member (including the Participating
Employer) more than thirty (30) days before his most recent Date of Hire
with the Participating Employer.
CHANGE IN STATUS. jSpecify one option only.]
^ A Participant who continues in the employ of the Participating
Employer but ceases to be employed in the capacity required for
eligibility as defined above will be deemed to satisfy the eligibility
provisions and will continue to make contributions to the Plan under
Plan Section 3.3, and will be entitled to participate in the allocation of
any contribution of the Participating Employer made under Plan
Section 3.1 and 3.2, despite the change in status.
^ In accordance with the default provisions of Section 2.5(a) of the
Plan, a Participant who continues in the employ of the Participating
Employer but ceases to be employed in the capacity required for
eligibility as defined above will no longer satisfy the eligibility
provisions.
jlf this selection is chosen, complete the following.]
Upon return to an employment status meeting the eligibility
criteria, the Employee must complete the applicable Eligibility
Service Period (which shall commence as of the date the
Employee returns to such employment status) before
recommencing participation in the Plan.
Upon return to an employment status meeting the eligibility
criteria, the Employee will recommence participation as of the
first day of the month following the date the Employee returns to
such employment status.
CCOERA Retirement Plan and Trust Agreement Participation Agreement 7/1/2008 4
3.1(a)
PARTICIPATING EMPLOYER CONTRIBUTIONS. The Participating Employer
shall make a contribution for each Participant for each Plan Month as
specified below: Specify one option only.J
^ The Participating Employer will contribute 3% of the Compensation
of such Participant for the Plan Month.
^ The Participating Employer will contribute 4% of the Compensation
of such Participant for the Plan Month.
^ The Participating Employer will contribute 5% of the Compensation
of such Participant for the Plan Month.
^ The Participating Employer will contribute 6% of the Compensation
of such Participant for the Plan Month.
^ The Participating Employer will contribute 7% of the Compensation
of such Participant for the Plan Month.
^ The Participating Employer will contribute N% of the Compensation
of such Participant for the Plan Month.
^ The Participating Employer's contribution for each Participant will
equal an amount directed by each Participant, with a minimum of
(a whole percentage, no less than three percent (3%)) and a
maximum of % of the Compensation of such Participant. Once
an election is made, it is an irrevocable election until a new
Participation Agreement is adopted.
^ The Participating Employer will contribute to each Participant
~% (a whole percentage, no less than three percent (3%)) of the
Compensation of such Participant for the Plan Month based on
attained Years of Service; % (a whole percentage, no less than
three percent (3%)) of the Compensation of such Participant for the
Plan Month based on _ attained Years of Service; _% (a
whole percentage, no less than three percent (3%)) of the Compensation
of such Participant for the Plan Month based on _ attained
Years of Service; and _ % (a whole percentage, no less than three
percent (3%)) of the Compensation of such Participant for the Plan
Month based on attained Years of Service.
CCOERA Retirement Plan and Trust Agreement Participation Agreement 7/1/2008 5
3.2 PRIOR SERVICE BENEFITS. The Participating Employer may elect to make a
Prior Service Benefit contribution to each Eligible Official and Eligible
Employee. The Participating Employer shall contribute to each Eligible
Official and each Eligible Employee the percentage (elected below) of such
Eligible Official's or Eligible Employee's annual Compensation for the
elected Prior Service Period. The Prior Service Benefits shall be paid in
equal monthly installments during the Pay Out Period. jSpecify one option
only.]
^ The Participating Employer elects not to make a Prior Service Benefit
contribution.
^ The Participating Employer will contribute to each Eligible Official
and each Eligible Employee % (a whole percentage no less than
three percent (3%) of the annual Compensation of each Eligible
Official and Eligible Employee during the Prior Service Period.
jComplete both A and B.J
A. The Prior Service Period is (number from one to five)
twelve (12) month period(s) of continuous employment of such
Eligible Official and Eligible Employee ending on the
Effective Date. Specify one option only.]
Continuous employment is counted for employment
with the Participating Employer only.
Continuous employment is counted for employment
with Association Members only.
B. Prior Service Benefit contributions shall be made in equal
monthly installments over (number from one to 36)
continuous calendar month(s).
3.3 MANDATORY PARTICIPANT CONTRIBUTIONS. Mandatory Participant
Contributions shall be: jSpecify one option only.]
^ Before-tax in accordance with C.R.S. Section 24-54-104(4} and
Internal Revenue Code Section 414(h)(2).~
^ After-tax.
Note if contributions are being picked up and paid by the Employer in lieu of employee contributions,
the contributions will be treated as `picked-up "and paid by the Employer on a prospective basis only,
from the date this Participation Agreement is ,formally adopted. Participants may not opt out o f the
`pick-up "nor may they receive the contributed amounts directly instead o f having them paid by the
Participating Employer to the Plan.
CCOERA Retirement Plan and Trust Agreement Participation Agreement 7/1/2008 6
4.7 FORFEITURES ACCOUNT. Forfeitures shall be:
Applied to reduce future Participating Employer contributions.
Allocated among the Accounts of active Participants in the Plan.
5.2(b)(1) VESTING OF PARTICIPANT'S ACCOUNTS. In accordance with
Section 5.2(b)(1) of the Plan, an Employee-Participant becomes vested in
Employer Contributions and Prior Service Benefit contributions as follows:
Specify one option only.J
^ Ten-Year Vesting. A Participant shall vest each Plan Month at the
rate which equals the product of 1 / 12 multiplied by 10%.
^ Five-Year Vesting. A Participant shall vest each Plan Month at the
rate which equals the product of 1/12 multiplied by 20%.
^ Other Vesting. A Participant shall vest each Plan Month at the rate
which equals the product of 1/12 multiplied by % (must be more
than 10%).
^ Immediate Vesting. A Participant shall be 100% vested upon
participation in the Plan.
^ Specified Vesting. A Participant shall vest according to the following
schedule:
1st Year:
2nd Year:
3rd Year:
4th Year:
5th Year:
52(C~ RE-EMPLOYMENT MORE THAN THIRTY (3O) DAYS AFTER TERMINATION.
[Specify one option only.J
The Participating Employer shall grant prior service credit for
purposes of vesting service in the event an Employee terminates
employment with an Association Member (including the Participating
Employer) more than thirty (30) days before his most recent Date of Hire
with the Participating Employer.
In accordance with the default provisions of Section 5.2(c), the
Participating Employer shall not grant prior service credit for
purposes of vesting service in the event an Employee terminates
employment with an Association Member (including the Participating
CCOERA Retirement Plan and Trust Agreement Participation Agreement 7/1/2008 7
Employer) more than thirty (30) days before his most recent Date of Hire
with the Participating Employer.
5.2(e) SERVICE WITH PARTICIPATING EMPLOYER PRIOR TO ADOPTION OF PLAN.
j5elect the following option if desired.]
[] Past Service Credit. At the time this Participation Agreement is
executed, all Employees presently employed by the Participating
Employer shall have all periods of employment service credited
towards the vesting schedule referenced above in Section 5.2(b)(1).
8.1 LOANS T0_ELIGIBLE BORROWERS. jSpecify one option only.]
[] Participant loans are allowed in accordance with Article 8 of the Plan
and loan procedures adopted by the Plan Administrator.
Participant loans are not allowed.
17.9 DEFINITION OF COMPENSATION. For purposes of allocating contributions or
forfeitures, the Participating Employer excludes the following from the
definition of Compensation (as defined in Section 17.9 of the Plan): j5elect
as many EXCLUSIONS as applicable.]
Overtime pay.
Premiums for shift differential.
Bonuses.
Mandatory Employee Contributions, pre-tax contributions to a
cafeteria plan or a Code § 457 plan, and qualified transportation fringes
under Code § 1320(4).
Fringe benefits, expense reimbursements, deferred compensation, and
welfare benefits.
Holiday pay.
Vacation pay.
Sick pay.
All post-severance compensation.
Post-severance qualified military service pay.
Post-severance disability pay.
Other [please specify]:
CCOERA Retirement Plan and Trust Agreement Participation Agreement 7/1/2008 8
The Participating Employer and the Colorado County Officials and Employees
Retirement Association have executed this Participation Agreement and have accepted its
terms.
Dated this day of , 20
Participating Employer
Participating Employer
By:
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Dated this day of , 20
COLORADO COUNTY OFFICIALS AND
EMPLOYEES RETIREMENT ASSOCIATION
Plan Sponsor
By:
Title: Executive Director
3862727_4.DOC
CCOERA Retirement Plan and Trust Agreement Participation Agreement 7/1/2008 9
n~n~~
.~C~..
Colorado County
Officials & Employees
Retirement Association
Feb~•uary 23, 2009
RE: Restated Plan and Participation Agreement
Dear CCOFIRA Member:
751 SouthPark Drive
Littleton, CO 80120
303.713.9400
800.352.0313
303.713.9413 Fax
www.ccoera.org
~lnder the new Internal Revenue Service determination letter program; every individually designed
retirement plan has a regular, five-year filing cycle, referred to as its remedial amendment cycle. In
order to submit the Plan for a letter, it was necessary to restate the Plan document and
Participation Agreement and incorporate all amendments to the Plan since the last filing, as well
as all changes included on the latest "Cumulative List of Changes" in plan qualification
requirements. 1`he Plan was restated with a July 1, 2008 effective date, and the Participation
Agreement was also restated. It is therefore necessary at this time for you to renew your
elections and sign and date a new Participation Agreement ~so that your governing Participation
Agreement corresponds with the restated Plan document.
Attached with this letter is a copy of the restated Participation Agreement, which must be cotttpleted
artd returned to CC4~RA within 6~0 days from the date of this letter, Please use this letter to assist
with completion of the Participation Agreement, Participation Agreement section numbers
correspond to Plan sections. A copy of the amended and restated Plan document is also
available on our website. www.ccoera.or~
If a Participation Agreement is not completed and returned to CCO~I~A within 60 days from
the date of this letter, CCa~RA K=all select default elections for you based on current elections.
Participating Employer Information -pale 1.
Complete the Participating Employer information on page 1.
1. The Original Participation Date is the date you originally joined the Plan. If you are a
new Association Member, the Original Participation Date will be the same as the
Participation Agreement Effective Date.
2. The Participation Agreement Effective Date is the date that the revised Participation
Agreement will take effect. You may not elect a retroactive Effective Date.
~, Please include the effective date of the last Participation Agreement you completed.
This information will assist CCOERA with Plan administration and record-keeping.
4. Note the Participation Agreement now specifies that participation in the Plan is
conditioned an your timely payment of your required Employer contributions under the
Plan. In the case of contributions deducted from participant's compensation, this means
that payment to the Plan must be made no later than 30 days after the day the amounts
would have otherwise been paid to the participant. By executing the Participation
Agreement, you are agreeing to this provision.
Participating .~mplo~r elections -~pa ems 3=10.
1, Status of Employee. You must specify eligibility criteria for Plan participation and complete
one of the two options.
a. 1f you choose the first option, please specify how many months per year an employee
must work in order to be eligible for Plan participation (e.g., an employee must work
at least 10 months per year in order to participate in the Plan) and specify:
1. how many hours per week {e.g., at least 30 hours per week); or
2. how many hours per year (e.g.,1,000 hours per year).
b. If you would Like all employees to participate in the Plan, regardless of the number of
hours or months employees are actively at work, select the second option.
Section 2,1(b)(2) permits you to expand or limit participation as desired, by defining
which employees are eligible to participate in the Plan. For example, it is permissible to
provide that employees must work 12 months per year, if you would like to exclude
seasonal employees. Alternatively, you may permit employees to participate, even if they
work reduced hours or only for a portion of each year.
2. Eli.ibility Service Period, The Participation Agreement permits you to specify the
eligibility service period, i. e., how many months, if any, an employee must .perform required
service in order to be eligible to participate in the Plan. Please select one of the options. For
example, if you select the first option, all employees who meet the proper status as you
defined above, will enter the Plan an the first day of the payroll period after the employee is
hired. Alternatively, you can require ahold-out period as offered in the other options,
3. Re-Employment More rI'han Thirty Days After Termination. This Section 2.4(b) specifies
whether you will grant prior service credit for eligibility purposes for an employee who is
reemployed.. more than thirty days after his or her termination of employment. The Plan's
default provision (and the second option under this Section 2.4(b)) provides that an employee
will be considered a new employee for purposes of determining eligibility,
a. Section 2.4(b) only addresses how an employee is affected for purposes of eligibility,
for those employees who are rehired more than thirty days after termination off'
employment.
b. NOTfi: If you choose no eligibility service period under Section 2.1(b)(2) (the first
option under Section 2.1{b)(2)), you should choose the default provision (second
option), although it will not impact haw employees are treated for eligibility purposes.
Example: You. make the fallowing elections pursuant to Section 2.1 {b)(2). employees must
work 12 months a year and 35 hours per week in order to participate in the Plan, and cannot
participate until they have worked in that capacity for 12 months. Employee worked for a
different Association IVleznber for 3 years and then following 30 days of termination of
employment, comes to work for you. If you choose to give prior service credit for purposes
of eligibility (by selecting the first option), the employee can begin participating in the Plan
without having to work for 12 months, assuming he meets the other eligibility criteria (i.e., is
scheduled to work for 12 months each year and at least 35 hours per week.
4. Change In Status. You may permit employees who have experienced a change in status to
continue making and receiving cantributions. Examples of a "change in status" are when an
employee has gone fiom full-time to part-time or year-round to seasonal, and no longer
satisfies your elected eligibility criteria, The Plan's default. provision states if an employee
experiences a change in status and is no longer eligible under the Participating Employer's
eligibility criteria, he or she is not entitled to make or receive contributions.
a. Choose one of the two options. The first option. permits the employee who has
experienced a change in status to continue making and receiving contributions.
b. Tf you choose the Plan's default provision (the second option}, specify what happens
upon re-satisfaction of eligibility following a change in status. You must select one of
the following two choices, and determine:
1, if an employee must once again satisfy the eligibility service period; or
2. if an employee will enter on the first day of the month following resumption of
the required eligibility status.
S . Pal~ticipatin~Em~loyer Contributions. Section 3.1(a}provides you with contribution options.
You may contribute a percentage of each participant's compensation per month (at a
minimum rate of 3%},may elect a contribution range to mirror participant contributions, or
may elect a graded contribution formula based on years of service (for example, 3% based on
1-3 Years of Service; 4% based on 3-5 Years of Service; and 5% based on 5+ Years of
Service). Please review these options carefully and select one option only. This Section
3.1(a) was revised to eliminate the cap of 8% of compensation.
G. Prior Service I~enefits. You can elect whether or not you will make Prior Service Benefit
cantributions. Select one option. If you choose to make Prior Service .Benefit contributions,
select the second option and complete the appropriate blank within that option, as well as
subparts A and B. (Z,ypically, Participating Employers select the first option and elect tzot to
make a Prior Service Benefit contribution. Note if you elect to make a Prior Service Benefit
contribution, the election applies to all Eligible Employees and Eligible Qfficials.}
7. Mandator~Participant Contributions. Specify in Section 3.3 whether mandatory
participant contributions are before-tax or after-tax contributions. Note:.ln order to
satisfy the Internal Rey=enue Code's "pick-up"requirements wr'th respect to participant
contributions, the employee cantributions option must be selected before the~eriod to which
,such cor~tributr'orzs relate. By completr'ng the .Participating Agreement and selecting the pre-
tax option, you are taking formal action to provide the contributions will be picked-up on a
prospective basis from the date the Participation Agreement is formally adopted. If the
speci~cati.ora is not so made, the designated employee contributions being paid by the
3
employer will not ga~alify as `pick-up "contributions and the participant may not later opt-in
to the pre-tax pick-rip option.
8, Forfeitures Account. Please select whether you want forfeitures to apply to reduce your
futl~re contributions, or if forfeitures should be allocated among active participants in the
Plan.
9. Vesting of Participant's Accounts. This Section 5.2(b}(1 }provides you with additional
vesting options. Please select one option only. If you would like to create your own vesting
schedule, select "Specified Vesting" and choose your awn vesting schedule. Note it does not
have to be a 5-year vesting schedule, and you can. elect a longer vesting schedule than 5 years
(please add additional blanks as needed}. I,or example, you can state that a participant will
vest 2S% in Year 1, SQ% in Year 2, 7S% in Year 3 and 100% in Year 4. Note your selection
will apply to both regular P~mployer Contributions and to Prior Service Benefit contributions.
10. Re-Employment More Than Thirty Days After Termination. This Section S,2(c}permits you
to choose how to apply vesting credit for participants you have hired who used to work for
either you or another Association Member and are hired more than 30 days after their
termination of employment.
a. Select the first option if you would like to give vesting credit for past service credit
with an Association Member.
b. The second option reflects the Plan's default position, which is that past service is not
taken into account for vesting purposes.
Example; You elect a 4-year vesting schedule (2S% in Year 1, 50% in Year 2, 75% in Year
3 and 100% in Year 4} and an employee worked for another Association Member far S years
before coming to work far you. This employee had more than 30 days between jobs. If you.
elected, the Plan's default provision (option number 2}, you would not take the S years of
service into account when considering the participant's vested percentage in your
contributions. If instead you elect to grant prior service credit for purposes of vesting (option
number 1}, then the participant would be 100% vested in all contributions, since he had over 4
years of vesting credit with the prior employer.
11. Service with Participating, Employer Prior to .Adoption of Plan. This Section S,2(e) permits
you grant service credit :for purposes of vesting al periods of employment prior to the date
you join the Plan. If you do not want to grant service credit, leave this option blank.
12. Loans to Eligible Borrowers. You may offer participants the ability to take a Plan Ioa~n. If
you choose to permit loans, you must request a copy of the Plan's loan procedures from the
Plan Administrator, and must administer the loans in accordance urith these policies.
13. Definition of Compensation. You may exclude certain catego~es of compensation for
purposes of allocating contributions or forfeitures. ~~or example, you may exclude various
foirns of compensation, such as bonuses, holiday, vacation and sick pay, from the definition
of Compensation. Select as many options as you wish to exclude, and specify any other
forms of compensation you v~fill exclude on the last line. Although you may exclude
Mandatory Employee Contributions, it is not common to do so.
Example: You elect to exclude bonuses and overtime pay from the definition of
compensation under the Plan., You. also elect to contribute 5% of each participant's
compensation as an Employer Contribution. For purposes of determining how much you
need to contribute, .you will include all forl~ls of eligible compensation paid. to the participant,
however, you will exclude bonuses and overtime pay. Therefore, if a participant earned
$50,000 in base salary, and had a $5,000 bonus and earned $2,000 in overtime, that
participant would receive a $2,500 Employer Contribution based solely on 5% of his $50,000
base salary; the participant's bonus and overtime are excluded for purposes of determining the
Employer Contribution under the Plan.
Sj ng ature Page.
.Please sign and date the Participation Agreement and retu~~n to CCUERA for execution,
CCOERA will provide you with a signed original. for your files anal will retain a copy for its files.
Note because the Plan and Participation Agreement are sub ject to IRS review and approval, it
might be necessary to amend the Platz and/or Participation Agreement pursuant to IRS
requirements. In the event it is necessary to make such additional changes, or if a change
impacts your Participation Agreement elections, we will notify ytau in writing.
Sincerely,
J~acab P, Kuijpcr
Executive Director
g448f~ 12 2.DOC
TERM SHEET
~~ c~ ~o
1) Requested hearing date: ( ) (ri~$; ~9A9~
2) For Count y Manager sig nature: ~
3) Requesting department: Human Resources j 1;
4) T=: Colorado County Officials and Employees Retirement Association
Retirement Plan and Trust Agreement
401(a) Participation Agreement
5) Check one: Consent:_On the Record:
6) Staff submitting: Diana Kafka
7) Pur ose: To renew selections and sign and date a new Participation Agreement
so the governing Participation Agreement corresponds with the restated Plan
document.
8} Schedule:
9) Financial considerations: No change to County 6% match.
9) 0, t=:
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APPROVE AST FORM ~.,-~..~~
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~n agle County Attorney's Office
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. a~i~ County Cummission~r~' office