HomeMy WebLinkAboutResolution 92-047 02/18/1992Resolution No. s2-47 N.C.S.
of the City of Petaluma, California
1 RESOLUTION AUTHORIZING THE CITY OF PETALUMA TO ENTER INTO AN
2 AGREEMENT WITH THE HARTFORD FORA DEFERRED COMPENSATION PLAN
3 FOR PART-TIME, TEMPORARY, AND SEASONAL EMPLOYEES
4
5 WHEREAS Federal Law allows for a Public Agency to
6 provide an alternative Retirement System other than Social
7 Security for part-time, seasonal or temporary employees; and
8
9 WHEREAS the Hartford will provide a Deferred
10 Compensation Plan (457) which qualifies under Federal Law;
11
12 THEREFORE BE IT RESOLVED that the City of Petaluma is
13 authorized to enter into an agreement with the Hartford for
14 purposes of establishing a Retirement System for part-time,
15 temporary, and seasonal employee.
16
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the r d as to
Council of the City of Petaluma at a (Regular) (~j~~g~g{~1) meeti;r~g °~
--.......-, is. '- .
on the -•1•8t~ .............. day of ..._...........Febr.Uac~.-••.......... ~~--• by the
following vote: ....-. .....-
ity `Atto ey
AYES: Davis, Cavanagh, Sobel, Nelson, Vice Mayor Woolsey
NOES: None
ABSENT • e a or H illi
ATTES ..~~~~~~~~..
City Clerk
CA 10-85
Gbuncil File..._ .................°-°---......
Res. No...9.`~.-l~.7 ............. N.C.S.