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Last modified
2/23/2016 2:19:28 PM
Creation date
10/1/2015 1:31:25 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/21/2010
Control Number
2010-320E
Agenda Item Number
12.G.5
Entity Name
Florida League of Cities
Subject
Deferred Compensation Plan Amended February 2009
Florida Municipal Pension Trust Fund 457 Deferred Compensation Plan
Supplemental fields
SmeadsoftID
9174
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Florida Municipal Pension Trust Fund <br /> 457(b) Deferred Compensation Plan <br /> 17. 10 Medicare or Medicaid reimbursement <br /> Solely to avoid an overpayment under Medicare or Medicaid or a similar healthcare <br /> program , if a Participant ' s services during any time that Contributions were made were <br /> an expense reimbursed by the Social Security Administration [ SSA] or the Health Care <br /> Financing Administration [HCFA] or a similar government healthcare payer, and any <br /> Deferred Compensation attributable to such services is not to be paid to the Participant or <br /> his or her Beneficiary , the Participating Employer shall pay the attributable portion of the <br /> Participant ' s Deferred Compensation to the applicable government healthcare payer as of <br /> the first date that the Deferred Compensation is not to be paid to the Participant or his or <br /> her Beneficiary . <br /> 17 . 11 Mistaken contributions <br /> If any Contribution (or any portion of a Contribution) is made by the Participating <br /> Employer by a good faith mistake of fact , upon receipt in good order (within the meaning <br /> of the Investment ( s) or applicable law) of a proper request approved by the Plan Sponsor, <br /> the Issuer( s ) shall , to the extent required or permitted by the Investment(s) , return the <br /> amount of the mistaken contribution(s) , except as limited below, to the Participating <br /> Employer, or to the extent required or permitted by the Investment( s) and approved by <br /> the Plan Sponsor, directly to the Participant to the extent of any mistaken Employee <br /> Contribution(s) . The Participant ' s exercise of a "free look" or right-to-return or similar <br /> cancellation provision under applicable insurance or securities law is deemed to cause a <br /> Contribution to be by a good faith mistake of fact . Upon any return of a mistaken <br /> contribution, earnings or losses attributable to the mistaken contribution shall be <br /> determined according to the provisions of the applicable Investment or other applicable <br /> law . <br /> If a court or agency having jurisdiction finally determines or if the Participating <br /> Employer or the Plan Administrator receives written legal advice (other than under a suit <br /> or proceeding initiated by the Participant) that any Participant was not an Employee at <br /> the relevant time or otherwise was not eligible to become a Participant, the Plan <br /> Administrator shall treat the mistakenly accepted Participant ' s Contributions and Plan <br /> Account, to the extent that the Participant was not eligible to make or receive the <br /> Contributions , as mistaken contributions . <br /> 17. 12 Necessary information <br /> The Participant ( or Beneficiary or Alternate Payee) shall provide upon any request of the <br /> Plan Sponsor or the Agent any information that may be needed for the proper and lawful <br /> operation and administration of the Plan ; including (but not limited to ) the Participant ' s <br /> legal name , the Participant ' s Social Security Number [ SSN] or other Taxpayer <br /> Identifying Number [ TIN] , the Participant ' s date of birth , each Beneficiary ' s legal name , <br /> each Beneficiary ' s Social Security Number [ SSN] or other Taxpayer Identifying Number <br /> [ TIN] , each Beneficiary ' s date of birth . The Participant (or Beneficiary or Alternate <br /> Payee) shall promptly respond to and fully answer any reasonable inquiry related to these <br /> purposes . A failure to provide any information described above or which otherwise may <br /> be necessary or appropriate for the lawful operation of the Plan may result in a delay of <br /> Florida Municipal Pension Trust Fund <br /> Florida League of Cities, Inc . <br /> Page 51 <br /> 02,,01 /2009 <br />
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