HomeMy WebLinkAboutRESOLUTION NO 14 06 300STATE OF GEORGIA
COUNTY OF FULTON RESOLUTION NO. 14-06-300
A RESOLUTION TO APPROVE A REVISED ADOPTION AGREEMENT BETWEEN
THE CITY OF MILTON AND ICMA-RC TO LIMIT PARTICIPATION IN THE
DEFINED CONTRIBUTION PLAN TO EMPLOYEES HIRED PRIOR TO JULY 1,2014
WHEREAS, the City of Milton wishes to provide competitive benefits to all employees;
and
WHEREAS, the City of Milton currently provides employees with a defined benefit plan
and two defined contribution plans; and
WHEREAS, the City of Milton wishes to limit participation in the current defined
benefit and defined contribution plans to employees hired prior to July 1,2014; and
NOW THEREFORE be it resolved by the Council for the City of Milton as follows:
• The attached adoption agreements be approved to reflect the necessary changes to limit
participation in the plan to employees hired before July 1,2014; and
• That the Mayor shall be authorized to execute the attached adoption agreements
BE IT SO RESOLVED AND ORDAINED, this 16th day of June, 2014, by the Council of
the City of Milton, Georgia.
Approved:
Joe Lockwood, Mayor
Attest:
ty Clerk