File #: TMP-10287    Version: 1 Name:
Type: Action Item Status: Consent Agenda
File created: 8/11/2025 In control: Human Resources
On agenda: 8/26/2025 Final action:
Title: Recommendation to approve the amendment of the Washoe County 457(b) and OBRA Deferred Compensation Plan Document, Section 8.6, Automatic Benefit Payments, to allow for the distribution of de minimis accounts, and Appendix A, Definitions, “Normal Retirement Age”, to remove reporting to the Committee of an alternate Normal Retirement Age as selected by the Participant. [No fiscal impact.] Human Resources. (All Commission Districts.) FOR POSSIBLE ACTION
Attachments: 1. Staff Report 08-26-2025 - HR - Deferred Compensation Plan Document Amendment, 2. Washoe County 457(b) Plan Draft Restatement - eff 1.1.25 - FINAL - FOR SIGNATURE, 3. Washoe County 457(b) Plan Draft Restatement - eff 1.1.25 - REDLINED
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Title

Recommendation to approve the amendment of the Washoe County 457(b) and OBRA Deferred Compensation Plan Document, Section 8.6, Automatic Benefit Payments, to allow for the distribution of de minimis accounts, and Appendix A, Definitions, “Normal Retirement Age”, to remove reporting to the Committee of an alternate Normal Retirement Age as selected by the Participant. [No fiscal impact.] Human Resources. (All Commission Districts.) FOR POSSIBLE ACTION