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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Deferred Compensation Committee Agenda status: Final
Meeting date/time: 11/19/2025 9:00 AM Minutes status: Draft  
Meeting location:
Published agenda: Agenda Agenda Accessible Agenda Accessible Agenda Published minutes: Not available  
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
TMP-10577 13. ResolutionApprove August 6, 2025 meeting minutes. Possible Action   Not available Not available
TMP-10578 14. ResolutionPresentation and possible discussion on Treasurer’s financial report reviewing the Deferred Compensation Administrative Fund. No action.   Not available Not available
TMP-10576 15. ResolutionRecognition of reappointments of Justin Norton and Monica McKee (both representing WCEA), effective November 1, 2025, each for a two-year term. No Action.   Not available Not available
TMP-10579 16. ResolutionDiscussion and setting of the Deferred Compensation Committee meeting calendar for 2026. For Possible Action   Not available Not available
TMP-10580 17. ResolutionAttendees’ report and discussion on the National Association of Government Defined Contribution Administrator’s (NAGDCA) Annual Conference, held September 28 through October 1, 2025, in San Diego, CA. No action.   Not available Not available
TMP-10581 18. ResolutionUpdate and discussion regarding Section 603 of the federal Secure Act 2.0, relating to the Roth catch-up contribution requirement for retirement plan participants with prior-year FICA wages exceeding the federal threshold. The update will include recent IRS guidance clarifying that this provision does not apply to employers or participants without reportable FICA wages. No action.   Not available Not available
TMP-10582 19. ResolutionOverview and informational report and possible discussion regarding the County’s use of Internal Revenue Code (IRC) Section 414(h) in connection with the 401(a) defined contribution plan, as requested by Committee member Cathy Hill. Information will include the purpose and benefits of utilizing Section 414(h) “pick-up” provisions for contributions. No action.   Not available Not available
TMP-10583 110. ResolutionReview of Voya’s account service objectives for the most recent quarter; and update, discussion and possible action regarding campaign and communication strategies provided by or presented by Voya to participants, both active and retired, as it relates to the participants’ beneficiary, eligible employee engagement and other Committee initiatives. For possible action.   Not available Not available
TMP-10584 111. ResolutionMariner’s report and presentation regarding fund performance update for the most recent quarter, and possible recommendation, discussion, and action to change investment fund lineup. For possible action.   Not available Not available