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ORD-2010-090 Amendment to Personnel Ordinance, Article IV, Section 9.4 Supplemental Retirement
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ORD-2010-090 Amendment to Personnel Ordinance, Article IV, Section 9.4 Supplemental Retirement
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Last modified
3/13/2019 3:28:39 PM
Creation date
11/18/2010 12:53:09 PM
Metadata
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Template:
BOCC
Date
11/16/2010
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
4h
Document Relationships
Agenda - 11-04-2010 - 4i
(Linked To)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2010\Agenda - 11-04-2010 - Regular Mtg.
Agenda - 11-16-2010 - 4h
(Linked To)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2010\Agenda - 11-16-2010 - Regular Mtg.
Minutes 11-04-2010
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2010
Minutes 11-16-2010
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2010
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Article IV o 16 --0 9a <br />Employee Benefits <br />9.0 Retirement <br />9.4 elemental Retirement Savings Plan Employer Contribution <br />9.4.1 Effective January 1, 2011 Orange County makes a Supplemental <br />Retirement contribution to an authorized 401(k) or 457 Plan of $27.50 per <br />pay period for each eligible employee for the remainder of the fiscal year, <br />and thereafter as Board of County Commissioners provides in its annual <br />budget. <br />9.4.2 For this purpose, eligible employees are County employees both full time <br />and part time (regularly scheduled at least 20 hours each workweek) <br />appointed to permanent positions who are members of the N. C. Local <br />Government Employees' Retirement System and who are not sworn law <br />enforcement officers. See Section 9.5 for additional retirement benefits <br />for Law Enforcement Officers. <br />9.4.3 To participate, an eligible employee completes the appropriate enrollment <br />form. <br />9.4.4 Employees are eligible for coverage effective the date of appointment to <br />the permanent position and enrollment in the retirement system. <br />Contributions are suspended for any pay period in which the employee is <br />in leave without pay status for that pay period. At termination, the <br />County's supplemental retirement contribution ends. <br />
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