Orange County NC Website
• <br /> 5 <br /> SECTION 10: OTHER BENEFITS <br /> The following paragraph in Section 10 is amended as shown. All other paragraphs in Section 10 to <br /> remain. <br /> If the Employee currently maintains a 401k/457 supplemental retirement program with the <br /> International City Management Retirement Corporation (ICMARC). The County shall authorize and <br /> participate in that plan to the Employee's benefit by paying into said plan an amount equal to two and <br /> one half percent (2.5%) of Employee's base salary in an equal proportional amount each pay period. at <br /> the same rate and under the same conditions as the County currently or in the future may participate <br /> on the behalf of other county employees. <br /> IN TESTIMONY WHEREOF, County has caused this Amendment to be signed and executed in its behalf <br /> by its Board Chair, and duly attested by its Clerk and sealed with its corporate seal, and the Employee <br /> has signed and executed this Amendment in duplicate Originals. This Amendment shall be deemed <br /> effective the day and date first above recorded. <br /> COUNTY EMPLOYEE <br /> BY: <br /> Barry Jacobs Donna Baker <br /> Chair, Board of County Commissioners <br /> ATTEST: <br /> CLERK: <br /> [SEAL] <br /> This instrument has been pre-audited in the manner required by the Local Government Budget and <br /> Fiscal Control Act. <br /> Office of the Chief Financial Officer <br />