My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
10/11/2022
CBCC
>
Meetings
>
2020's
>
2022
>
10/11/2022
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/12/2022 10:51:24 AM
Creation date
12/12/2022 10:22:39 AM
Metadata
Fields
Template:
Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
10/11/2022
Meeting Body
Board of County Commissioners
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
281
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
2.8 Leave of Absence <br />Unless an election is otherwise revised, if a Participant is absent from work by leave of absence, <br />Annual Deferrals under the Plan shall continue to the extent that Compensation continues. <br />2.9 Disability <br />A disabled Participant (as determined by the Administrator) may elect Annual Deferrals during <br />any portion of the period of his or her disability to the extent that he or she has actual <br />Compensation (not imputed Compensation and not disability benefits) from which to make <br />contributions to the Plan and has not had a Severance from Employment. <br />2.10 Protection of Persons Who Serve in a Uniformed Service <br />An Employee whose employment is interrupted by qualified military service under Code Section <br />414(u) or who is on a leave of absence for qualified military service under Code Section 414(u) <br />may elect to make additional Annual Deferrals upon resumption of employment with the <br />Employer equal to the maximum Annual Deferrals that the Employee could have elected during <br />that period if the Employee's employment with the Employer had continued (at the same level of <br />Compensation) without the interruption or leave, reduced by the Annual Deferrals, if any, <br />actually made for the Employee during the period of the interruption or leave. This right applies <br />for five years following the resumption of employment (or, if sooner, for a period equal to three <br />times the period of the interruption or leave). <br />A reemployed Employee shall also be entitled to an allocation of any additional Employer <br />Contributions, if applicable, that such Employee would have received under the Plan had the <br />Employee continued to be employed as an eligible Employee during the period of qualified <br />military service. Such restorative Employer Contributions (without interest), if applicable, shall <br />be remitted by the Employer to the Plan on behalf of the Employee within 90 days after the date <br />of the Employee's reemployment or, if later, as of the date the contributions are otherwise due for <br />the year in which the applicable qualified military service was performed. <br />2.11 Corrective Measures <br />In the event that an otherwise eligible Employee is erroneously omitted from Plan participation, <br />or an otherwise ineligible individual is erroneously included in the Plan, the Employer shall take <br />such corrective measures as may be permitted by applicable law. Such measures may include, in <br />the case of an erroneously omitted Employee, contributions made by the Employer to the Plan on <br />behalf of such Employee equal to the missed deferral opportunity, subject to the Participant's <br />contribution limits in Section III, and, in the case of an erroneously included individual, a <br />payment by the Employer to such individual of additional Compensation in an amount equal to <br />the amount of the individual's elective deferrals under the Plan. <br />2.12 Vesting of Account Balance <br />A Participant's vested interest in his Account Balance shall be at all times 100%. <br />8 <br />Specimen 457(b) Plan Document <br />Deferred Compensation Plan <br />40 <br />
The URL can be used to link to this page
Your browser does not support the video tag.