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oR~ - ~aa.s = ~~ J <br />ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: August 16, 2005 <br />Action Agenda <br />Item No. - ;~G <br />SUBJECT: Personnel Ordinance Revision -Supplemental Retirement [401(k) Plan] <br />rnntrihutinn _ <br />DEPARTMENT: Personnel <br />PUBLIC HEARING: (YIN) No <br />ATTACHMENT(S): <br />INFORMATION CONTACT: <br />Elaine Holmes, Personnel Director, <br />Extension 2550 <br />TELEPHONE NUMBERS: <br />Hillsborough 732-8181 <br />Chapel Hill 968-4501 <br />Durham 688-7331 <br />Mebane 336-227-2031 <br />PURPOSE: To revise the Orange County Personnel Ordinance to reflect the Board's action <br />with adoption of the 2005-06 budget increasing the County 401(k) Plan contribution for non- <br />sworn law enforcement officers from $20 to $25 per pay period effective July 1, 2005. <br />BACKGROUND: With adoption of the 2005-06 budget, the Board of Commissioners enacted <br />an increase in the County 401(k) Plan contribution for permanent employees who are non- <br />sworn law enforcement officers from $20 to $25 per pay period. This agenda item updates the <br />Orange County Personnel Ordinance to reflect the action already taken by the Board of <br />Commissioners effective July 1. The Personnel Ordinance change is as follows: <br />Revision to Orange County Personnel Ordinance, Article IV, "Employee Benefits" <br />(Changes marked in bold type) <br />9.4 Supplemental Retirement f401 f k) Planl Contribution <br />9.4.1 Effective July 1, 20045, Orange County makes a Supplemental <br />_ Retirement [401(k) Plan] contribution of $~9 $25 per pay period <br />.for each eligible employee. <br />FINANCIAL IMPACT: Funds for the increase in the County 401 (k) Plan contribution were <br />included in the approved budget for 2005-06. <br />RECOMMENDATION(S): The Manager recommends the Board approve the above Personnel <br />Ordinance revision effective July 1, -2005. <br />