2010-320E - Laserfiche WebLink

Home Browse Search

Florida Municipal Pension Trust Fund 457(b) Deferred Compensation Plan eligibility for participation , in a delay of the payment of Contributions, or in a delay or refusal by the Plan Sponsor, in its discretion , to authorize or permit any Distribution or payment . The Plan Sponsor or Plan Administrator ( and any party acting for it ) has the right to rely on any information or representation given by any Participant or Beneficiary or other party interested in the Plan . The Plan Sponsor or Plan Administrator has no duty to inquire into the accuracy or adequacy or truth of any such information or representation . Any such representation is binding upon any party seeking to claim through the Participant . The Plan Sponsor may provide that any statement to be made or any information to be furnished must be made or furnished under penalties of perjury . Any notice to that effect may include a statement of the penalties for a violation of 18 U. S . C . § 1027 , IRC § 7206 , or other law . The absence of any such provision or notice shall not be construed to create or suggest any inference concerning the application of any law . 17. 13 No contract of employment Under no circumstances shall this Plan constitute or modify a contract of employment or in any way obligate the Participating Employer to continue the services of any Employee . 17. 14 No right other than provided by the Plan The existence of the Plan and the Participating Employer ' s or Master Trustee ' s purchase of any Investment(s) for the purposes of the Plan shall not be construed as giving to any Participant or Beneficiary or any other person any legal or equitable right against the Participating Employer or any Issuer or any other person or organization , except as expressly provided by the Plan . 17. 15 Notices Each Participant or Beneficiary shall be responsible for furnishing the Plan Sponsor (and the Agent and the applicable Issuer(s)) with his or her or its current address at all times . Any notice to a Participant or Beneficiary or Alternate Payee required or permitted to be given under this Plan shall be deemed given if directed to the proper person at the current address in any Plan (or Investment) record and mailed or otherwise delivered to that address . This Provision shall not be construed to require the mailing or delivery of any notice otherwise permitted to be given by posting or by publication . 17. 16 Plan is binding This Plan, and all acts and decisions taken under it , is binding and conclusive , for all purposes , upon all interested persons , and upon the heirs , executors , administrators , successors and assigns of any and all such persons . The Plan shall not affect contracts or other dealings with a person who is not an interested person , unless a written agreement executed by that person expressly so provides . Florida Municipal Pension Trust Fund Florida League of Cities , Inc . Page 52 02;01 /2009