Orange County NC Website
1 <br /> D OeX0- '76 6,3-d 124 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: June 18, 2013 <br /> Action Agenda <br /> Item No. 7-c <br /> SUBJECT: Amendments to Article IV-Employee Benefits, Section 28 of the Orange County <br /> Personnel Ordinance <br /> DEPARTMENT: Human Resources PUBLIC HEARING: (YIN) No <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Amendments to Article IV, Section 28 of Nicole Clark, Human Resources <br /> the Orange County Personnel Director, 245-2552 <br /> Ordinance Diane Shepherd, Benefits Manager, 245- <br /> 2558 <br /> PURPOSE: To approve amendments to Article IV-Employee Benefits, Section 28 of the <br /> Orange County Personnel Ordinance. <br /> BACKGROUND: At the June 11, 2013 Board work session, staff presented Pay and Benefits <br /> Recommendations for Employees and Retirees. The FY 2013-2014 Manager's Recommended <br /> Budget includes an additional County match of up to $1,200 for supplemental retirement <br /> benefits for eligible employees. There was some discussion regarding whether or not the <br /> County match should be a flat dollar amount or a percentage of employee salary with a dollar <br /> cap. Only McDowell and Orange counties contribute a flat dollar amount towards employees' <br /> supplemental retirement benefits. Article IV, Section 28 of the Orange County Personnel <br /> Ordinance currently states that the County provides $27.50 per pay period to an authorized 457 <br /> or 401(k) Plan. The proposed Ordinance amendments state that the County will provide a <br /> contribution to an authorized 457 or 401(k) supplemental retirement plan as the Board of <br /> County Commissioners provides in the annual budget, and change any reference to the <br /> Personnel Department to the Human Resources Department. <br /> FINANCIAL IMPACT: The financial impact will vary based on the Board of County <br /> Commissioners approval of the annual budget. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve the proposed <br /> amendments to Article IV, Section 28 of the Orange County Personnel Ordinance. <br />