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2010-320A
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2010-320A
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Last modified
5/10/2022 3:23:33 PM
Creation date
10/5/2015 9:08:55 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/21/2010
Control Number
2010-320A
Agenda Item Number
12.G.1.
Entity Name
Master Trustees of Florida Municipal Pension Trust Fund
Subject
Trust Joinder Agreement Deffered Compensation Plans
457 Deferred Compensation Plans
Trust Joinder Agreement
Refer to Resolution 2010-125
Supplemental fields
SmeadsoftID
9115
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TRUST JOINDER AGREEMENT <br />FOR DEFERRED COMPENSATION PLANS UNDER <br />FLORIDA MUNICIPAL PENSION TRUST FUND <br />MASTER TRUST AGREEMENT <br />THIS TRUST JOINDER AGREEMENT, between the Indian River County Board of <br />County Commissioners, (herein referred to as the "Participating Employer") and the Master <br />Trustees of the Florida Municipal Pension Trust Fund (herein referred to as the "Master <br />Trustee"). <br />WITNESSETH: <br />WHEREAS, the Participating Employer desires to provide a deferred compensation plan <br />for the sole and exclusive benefit of its Participating Employees and their Beneficiaries, and for <br />such purposes adopted Resolution No. 2010 - 12 5 on the 21st day of December, 2010 <br />providing for the establishment of a deferred compensation plan; <br />WHEREAS, said Resolution authorizes participation in the Florida Municipal Pension <br />Trust Fund ("FMPTF") and further authorizes the execution of this Trust Joinder Agreement to <br />become a party to the FMPTF Master Trust Agreement; and <br />WHEREAS, the Participating Employer desires to submit this Trust Joinder Agreement <br />to the Master Trustee to become a party to the FMPTF Master Trust Agreement; <br />THEREFORE, in consideration of the mutual covenants and agreements flowing to each <br />of the parties hereto, it is agreed as follows: <br />1. Both parties to this Trust Joinder Agreement agree that the Indian River County <br />Board of County Commissioners is a Participating Employer as provided in the <br />Florida Municipal Pension Trust Fund Master Trust Agreement ("Master Trust <br />Agreement'). <br />2. As provided in the plan provisions selected by the Participating Employer, the <br />Participating Employer shall make timely contributions or shall timely forward <br />contributions made by Participating Employees for the deferred compensation plan. <br />3. As provided in the plan provisions selected by the Participating Employer, the <br />Participating Employer shall timely remit or timely approve the remittance of <br />administrative fees as may be due under the deferred compensation plan. <br />4. The Participating Employer agrees to provide all initial and update all relevant <br />Participating Employee information required under the deferred compensation plan to <br />the Administrator designated by the Master Trustee. The Participating Employer <br />shall certify said information to be correct to the best of its knowledge and the Master <br />
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