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DECPr- <br />12 1989 <br />RETIREMENT PLAN (COUNTY ADMINISTRATOR) <br />�7-� � <br />BOO / 8 f':, 6S . <br />Administrator Chandler reviewed the following, emphasizing <br />that the expense with either plan is the same: <br />TO: Board of County Commissioners DATE: December 12, 1989 FILE: <br />"%I•James E. Chandler <br />- County Administrator <br />SUBJECT: RETIREMENT PLAN <br />REFERENCES: <br />'tT As explained in the attached, the Legislature modified various provisions of <br />'the Florida Retirement System (FRS) pertaining to certain positions, including <br />s County Administrators. The individuals specified can withdraw from FRS and <br />• participate in an annuity program. The contribution rate by the County is <br />the same as continued participation in the FRS. Aetna has an annuity <br />�`. program that meets the State criteria and is also provided for certain State <br />employees. I would request approval to withdraw from the FRS and <br />participate in the Aetna annuity- program. If approved there will be no <br />change in expense to the County. <br />ON MOTION by Commissioner Scurlock, SECONDED by Com- <br />missioner Eggert, the Board unanimously authorized <br />Administrator Chandler to withdraw from the FRS and <br />participate in the Aetna annuity program. <br />INTERIM ASSISTANCE AGREEMENT (SUPPLEMENTAL SECURITY INCOME FOR <br />DISABLED) <br />The Board reviewed memo from the Director of Welfare: <br />118 <br />