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10/11/2022
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10/11/2022
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Last modified
12/12/2022 10:51:24 AM
Creation date
12/12/2022 10:22:39 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
10/11/2022
Meeting Body
Board of County Commissioners
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CONSENT <br />The County Administrator in consultation with Chair of the Indian River County Deferred <br />Compensation Committee, Jeffrey Smith, and as recommend by the County's Deferred <br />Compensation Committee Consultant AnclCo, accepted the Nationwide proposal in order to <br />maintain recordkeeping services for participants in the NW Fixed Account and provide transition <br />options to participants to include remaining in the NW Fixed Account and executed the required <br />amendment (attached). <br />RECOMMENDATION: <br />Staff respectfully requests the Board authorize the amendment to the Administrative Services <br />Agreement for the County's Governmental 457(b) Deferred Compensation Plan of Indian River <br />County effective September 27, 2022 providing for Fixed Account recordkeeping services with <br />IVntinn—irio tho torminntinn of tho Drn A!^ ntlnt nn+inn -4 +ho nnnli—+i^n for Group Flexible <br />ed in the Nationwide <br />124 <br />
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