RECOMMENDATION(S):
1. ADOPT Resolution No. 2021/106 approving amendments to update and to add a ROTH Deferral Account option to the Contra Costa County Deferred Compensation Plan (I.R.C. §457), effective March 23, 2021.
2. AUTHORIZE the Human Resources Director, or designee, to take all necessary actions in implementing the County’s Deferred Compensation Plan as amended.
FISCAL IMPACT:
The program is funded through plan participant fees. There is no fiscal impact beyond overhead administration support costs which are reimbursed annually through the plan.
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