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HomeMy WebLinkAboutR07-140 Deferred Compensation Plan Commissioner L-' "i ~- moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION N0.2007- d a u RESOLUTION CONCERNING THE EAGLE COUNTY DEFERRED COMPENSATION PLAN WHEREAS, Eligible Employees of Eagle County, being those Eagle County employees who aze employed year-round and work at least thirty hours per week, may supplement their retirement plan savings accounts by contributing a portion of their pay, on a pre-tax basis, to their retirement plan savings accounts through the County's 457 Deferred Compensation Plan; and WHEREAS, Eagle County desires to contribute an additional 2% on each Eligible Employee's contribution to his or her 457 deferred compensation retirement account; and NOW, THEREFORE, be it resolved by the Board of County Commissioners of the County of Eagle, State of Colorado, THAT, during the yeaz 2008, Eagle County will contribute an additional 2% on each Eligible Employee's contribution to his or her 457 deferred compensation retirement account; and THAT, Eligible Employees may begin participation in Eagle County's 457 Deferred Compensation Plan upon the first day of the payroll period following the Eligible Employee's date of hire. MOVED, READ AND ADOPTED by the Boazd of County Commissioners of the County of Eagle, State of Colorado, at its regulaz meeting held this 18~' day of December, 2007. COUNTY OF EAGLE, STATE OF COLORADO BY AND THR HITS BOARD OF COUNTY COMMISSIO R BY: !~ Arn M.11~nconi, Chairman Teak J. Simonton, Clerk to the~'`~++~~'''~ . Boazd of County Commissioners ~~~ • uT~ Peter F. Runyon, Commissioner S~-i,(~ seconded adoption of the foregoing resolution. The roll . having been called, the vote was as follows: Commissioner Arn M. Menconi ~, Commissioner Sara J. Fisher ~ Commissioner Peter F. Runyon a This Resolution passed by J / U vote of the Board of County Commissioners of the County of Eagle, State of Colorado.