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Agenda - 06-11-2013 - 2
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Agenda - 06-11-2013 - 2
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6/9/2015 4:18:50 PM
Creation date
6/7/2013 12:49:35 PM
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BOCC
Date
6/11/2013
Meeting Type
Budget Sessions
Document Type
Agenda
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Minutes 06-11-2013
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\Board of County Commissioners\Minutes - Approved\2010's\2013
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County <br />Retirement Benefits <br />9 The Manager recommends: <br />• Continuing the 5.0% contribution employer contribution to the <br />Local Government Employees' Retirement System 401(k) program <br />for sworn law enforcement officers <br />• Maintaining the $27.50 per pay period County minimum <br />contribution and matching employees' contributions up to an <br />additional $46.15 per pay period for non -sworn law enforcement <br />employees <br />Fifty -four of the 100 counties contribute to the NC <br />Supplemental Retirement Plans through Prudential <br />McDowell and Orange contribute a flat dollar amount <br />Average contribution is 3.6% <br />• Chapel Hill 5.0 %, Carrboro 3.0 %, Durham 4.5 %, Mebane 5.0% <br />• Alamance 2.0 %, Chatham 4.5 %, Durham 5.0 %, Wake 5.0% <br />u <br />
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