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Meeting Date:
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11/13/2017 - 7:00 PM
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Category:
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Consent Agenda
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Type:
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Action
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Subject:
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14.15 (Item #16) Resolution No. 17/18-19 to Adopt CalPERS Supplemental Income 457 Plan as Deferred Compensation Plan Option
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LCAP (Local Control Accountability Plan) Goal:
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Goal 1: All students will receive a high quality education in a safe and welcoming environment with equitable and high expectations, access to technology, and instruction in the California State Standards that prepare them for college and career.
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Enclosure
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Resolution 17/18-19 CalPERS Supplemental Income 457 Plan
Employer Adoption Agreement
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File Attachment:
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Summary:
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The California Public Employees' Retirement System has established the CalPERS Supplemental Income 457 Plan as an investment option for public employees. Mt. Diablo Unified School District wishes to add CalPERS Supplemental Income 457 Plan to the deferred compensation plans available for the benefit of our employees.
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Funding:
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N/A
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Fiscal Impact
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N/A
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Recommendation:
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Approve Resolution No. 17/18-19 to approve adoption of CalPERS Supplemental Income 457 Plan.
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Approvals:
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Recommended By:
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Signed By:
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Nance Juner - Director of Fiscal Services
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Signed By:
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Rose Ramos - Chief Business Officer
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Signed By:
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Dr. Nellie Meyer - Superintendent
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Vote Results:
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| Original Motion | | Member Cheryl Hansen Moved, Member Linda Mayo seconded to approve the Original motion 'Approve Resolution No. 17/18-19 to approve adoption of CalPERS Supplemental Income 457 Plan.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Linda Mayo | Yes | | Joanne Durkee | Yes | | Cheryl Hansen | Yes | | Brian Lawrence | Yes | | Debra Mason | Yes | |
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