RECOMMENDATION(S):
APPROVE and AUTHORIZE the Human Resources Director, or designee, to execute an amendment to the Administrative Services Agreement with Massachusetts Mutual Life Insurance Company (MassMutual), to extend the term from June 30, 2019 to July 31, 2019 for continued recordkeeping and administrative services for the 457 Deferred Compensation Plan.
FISCAL IMPACT:
The program is funded through plan participant fees. There is no fiscal impact beyond overhead administration support costs, which are reimbursed annually by the plan.
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