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previously identified in the report. Attachment 4 is a letter from the 401(k) <br />Plan representative confirming the options available. <br />Financial Impact: Attachment 5 shows the various 401(k) Plan options and updated cost <br />estimates for 1999-00. In the Apri121 work session, the Board said that it <br />wished to consider options within the estimated cost range of the $15 per <br />pay period across the boazd amount so the options shown reflect these <br />amounts. This amount of funds also will be available within the Manager's <br />Recommended Budget for 1999-00. At this time, the Board is not being <br />asked to make a decision on funding or to appropriate funds. These <br />decisions will be part of the final budget deliberations in June. <br />3 <br />Recommendation(s): The Manager recommends the Board provide direction to staff on the type of <br />plan option it wishes to consider for 1999-00. <br />H:\e\99401 abs <br />May 12, 1999 <br />