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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 /> recommended by the National Conference of Commissioners on Uniform State Laws . <br /> For this purpose , the Plan Sponsor may rely on the text of any Uniform Act or Model Act <br /> as published in the current edition of Martindale -Hubbell Law Digest. The Plan Sponsor <br /> may consider a withdrawn Uniform Act or Model Act if no successor has been <br /> promulgated . Among these sources , the Plan Sponsor in its sole discretion may select <br /> any order of reference and if more than one source is relevant may decide which source it <br /> considers controlling or appropriate . <br /> 20 . 7 Investment Law <br /> Whenever, after applying the specific construction rules of any Definition or Provision or <br /> Part and the general construction rules stated in this Part , the Plan may be susceptible to <br /> more than one construction or interpretation , a construction or interpretation that is <br /> consistent with or that is not inconsistent with applicable Investment Law is preferred <br /> over a construction or interpretation that is inconsistent with applicable Investment Law . <br /> 20 . 8 USA Constitution and Florida Constitution <br /> When applying any of the preceding construction rules relating to the Internal Revenue <br /> Code or the Enabling Statute or Employment Laws or Government Contracts Laws , the <br /> Plan Sponsor or Plan Administrator need not consider any statute or regulation or order to <br /> the extent that its application is contrary to the Constitution of the USA or is contrary to <br /> the Constitution of Florida; however, the Plan Sponsor or Plan Administrator may <br /> presume that any statute or regulation or order is not unconstitutional until a published <br /> controlling court decision expressly holds that such law is contrary to a Constitution . <br /> Florida Municipal Pension Trust Fund <br /> Florida League of Cities, Inc . <br /> Page 63 <br /> 02, '01 /2009 <br />
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