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111 <br /> • File level access and permissions are systematically audited on access to comply with various <br /> compliance and standards requirements. <br /> • Along with typical nightly, weekly and monthly backups routines, data is sent off site and <br /> database data is stored immutably in the cloud. <br /> • Next Generation end point detection and response is deployed across the enterprise with <br /> dedicated third-party staff reviewing incidents as they occur, 24 hours per day, 365 days per <br /> year. <br /> Orange County Information Technologies' multi-layered approach includes mandatory security <br /> training for all employees that access the network as well as having an IT Security Officer to review and <br /> create appropriate security policies and procedures. <br /> PENSION PLANS <br /> The County participates in the North Carolina Local Governmental Employees'Retirement System <br /> ("LGERS"). LGERS is a service agency administered through a board of trustees(the"Board of Trustees") <br /> by the State for public employees of counties, cities,boards, commissions and other similar governmental <br /> entities. While the State Treasurer is the custodian of system funds, administrative costs are borne by the <br /> participating employer governmental entities. The State makes no contributions to the system. <br /> The system provides, on a uniform system-wide basis, retirement and, at each employer's option, <br /> death benefits from contributions made by employers and employees. Employee members contribute six <br /> percent of their individual compensation. Each new employer makes a normal contribution plus, where <br /> applicable, a contribution to fund any accrued liability over a 24-year period. The County's contractually <br /> required contribution rate for fiscal year 2023-24 was 13.65%of eligible payroll for general employees and <br /> 15.10% of eligible payroll for law enforcement officers ("LEO"). The County's contractually required <br /> contribution rate for fiscal year 2024-25, is 13.64% of eligible payroll for general employees and 15.10% <br /> of eligible payroll for LEOs. The accrued liability contribution rate is determined separately for each <br /> employer and covers the liability of the employer for benefits based on employees' service rendered prior <br /> to the date the employer joins the system. Additional rates, such as rates associated with death benefits or <br /> past service liabilities, will be added to the base rate to determine the actual contribution percentage for <br /> each employer. <br /> Members qualify for a vested deferred benefit at age 50 with at least 20 years of creditable service; <br /> at age 60 after at least five years of creditable service to the unit of local government. Unreduced benefits <br /> are available: at age 65, with at least five years of service; at age 60, with at least 25 years of creditable <br /> service;or after 30 years of creditable service,regardless of age. Benefit payments are computed by taking <br /> an average of the annual compensation for the four consecutive years of membership service yielding the <br /> highest average. This average is then adjusted by a percentage formula,by a total years of service factor, <br /> and by an age service factor if the individual is not eligible for unreduced benefits. <br /> Contributions to the system are determined on an actuarial basis. For information concerning the <br /> County's participation in the North Carolina Local Governmental Employees' Retirement System and the <br /> Supplemental Retirement Income Plan of North Carolina see the Notes to the County's Audited Financial <br /> Statements in Appendix B. <br /> Financial statements and required supplementary information for LGERS are included in the <br /> Annual Comprehensive Financial Report ("ACFR") for the State. Please refer to the State's ACFR for <br /> additional information. <br /> 40 <br />