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10/19/99ord\amend\pers)RB/Ck ORDINANCE NO. 99- 32 AN ORDINANCE OF INDIAN RIVER COUNTY, FLORIDA, AMENDING CHAPTER 104, PERSONNEL, OF THE INDIAN RIVER COUNTY CODE, TO INCLUDE TWO ADDITIONAL VENDORS FOR THE EMPLOYEE DEFERRED COMPENSATION PLAN. BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: SECTION 1. Section 104:05, Deferred Compensation, which reads: "Deferred compensation plans are available through ICMA Retirement Corporation, Nationwide Retirement Solutions, Inc., and Mass Mutual on an optional basis to employees. This program is supplement to a retirement income and it provides for a tax deferral on income contributed to the plan. For those employees working under the.direction of the Board of County Commissioners, the Director of Personnel shall approve and administer these plans and make determinations required by Section 112.51(6)(b), Florida Statutes, For those employees working under the direction of a constitutional officer, each constitutional officer shall designate an individual responsible for making determinations as required by the aforesaid statute." is amended to read as follows: "Deferred compensation plans are available through ICMA Retirement Corporation, Nationwide Retirement Solutions, Inc., Mass Mutual, Hartford Life Insurance Companies, and John Hancock Financial Services on an optional basis to employees. This program is supplement to a retirement income and it provides for a tax deferral on income contributed to the plan. For those employees working under the direction of the Board of County Commissioners, the Director of Personnel shall approve and administer these plans and make determinations required by Section 112.215(6)(b), Florida Statutes, For those employees working under the direction of a constitutional officer, each constitutional officer shall designate an individual responsible for making determinations as required by the aforesaid statute." SECTION 2. EFFECTIVE DATE This ordinance shall take effect upon filing with the Florida Secretary of State. The ordinance was advertised in the Vero Beach Press Journal on the 3rd day of November 1999, for a public hearing to be held on the 16th day of November 1999, at which time it was moved for adoption by Commissioner G i n n seconded by Commissioner T i p p i n and adopted by the following vote: