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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. 19 Protection of Issuers <br /> Any Issuer shall not be liable in acting according to any instruction , if in writing or <br /> otherwise reasonably believed to be genuine , of its contract owner or other person that <br /> has the right to give instructions under the teens of the Investment , and shall not be <br /> required to question (unless otherwise provided by the applicable Investment) any action <br /> or inaction so instructed. The Issuer shall not be required to take or permit any action or <br /> allow any benefit or privilege contrary to the terms of any Investment which it may issue <br /> regarding the Plan . <br /> 17 . 20 Relationship to other plans <br /> This Plan is in addition to any other retirement, pension, or benefit plan presently in <br /> existence or later established ( if any) , and participation under the Plan shall not affect <br /> benefits or obligations of any person under any other plan, unless the plan is a deferred <br /> compensation plan subject to IRC § 457 . <br /> 17. 21 Restitution and restoration <br /> In addition to ( and not by limitation upon) any other remedy , including (but not limited <br /> to) any legal , equitable , remedial , or other relief, to the extent that any person breaches <br /> Provision 1 . 7 ["Exclusive benefit"] , such person shall be personally liable to make good <br /> to the Plan ( or in an appropriate case , to the applicable Participant or Beneficiary or <br /> Alternate Payee) any losses to the Plan resulting from or arising out of each such breach , <br /> and to restore to the Plan any profits of such person which have been made through the <br /> breaching person ' s improper use of Plan assets . <br /> 17 . 22 Service of legal process <br /> Requests for information, claims or demands , legal process , and court orders are properly <br /> delivered when delivered to the Plan Sponsor at the principal place of business listed on <br /> the Adoption Agreement . <br /> 17 . 23 Severability <br /> If a court finds that any provision of the Plan is invalid , the Plan shall be construed and <br /> enforced as if the invalid provision was not a provision of the Plan, unless the court finds <br /> that such a construction of the Plan would be clearly contrary to the intent of the Plan or <br /> would be contrary to IRC § 457 (b ) or would violate the Enabling Statute . <br /> 17. 24 Signature <br /> If a Participant or Beneficiary or Alternate Payee ( or other person claiming through a <br /> Participant or Beneficiary or Alternate Payee) must submit any writing of any kind <br /> required or permitted under the Plan , the maker ' s signature must be complete and formal , <br /> except as expressly provided by Provision 17 . 25 . However, if the maker has a disability <br /> that precludes him or her from making a complete and formal signature and the Plan <br /> Sponsor finds that an accommodation may be required by the Americans with Disabilities <br /> Act, a writing is signed if it bears or includes or incorporates any symbol executed or <br /> adopted by or on behalf of the maker with a present intention to authenticate the writing , <br /> Florida Municipal Pension Trust Fund <br /> Florida League of Cities , Inc . <br /> Page 55 <br /> 02V /2009 <br />
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