by Mr. Grasso, Chairman (by request of the County Executive)
FOR the purpose of establishing the “Anne Arundel County Employee Retirement Savings Plan”; setting an effective date for the plan; defining certain terms; providing who may participate in the plan; establishing the trust for the plan; establishing the contributions to the plan; providing for vesting in the plan; determining normal retirement date under the plan; allowing investment elections by participants; providing for military service benefits under the plan; providing methods, times and types of distributions under the plan; providing for compliance with certain provisions of the Internal Revenue Code; providing generally for the administration of the plan; establishing eligibility for retiree health benefits for participants in the plan; and generally relating to a voluntary employee retirement savings plan.
Schedule
Introduced
Amended
Amended
Passed