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INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION (ICMA-RC) (CITY MANAGER)
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INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION (ICMA-RC) (CITY MANAGER)
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Last modified
7/25/2019 1:49:21 PM
Creation date
7/25/2019 1:39:21 PM
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Contracts
Company Name
INTERNATIONAL CITY MANAGEMENT ASSOCIATION RETIREMENT CORPORATION (ICMA-RC) (CITY MANAGER)
Contract #
A-2015-023-02
Agency
Human Resources
Expiration Date
11/27/2016
Insurance Exp Date
1/1/1900
Destruction Year
2021
Notes
A-2011-258; 01, 02, A-2015-022, 023; A-2015-023-01
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C. Lhults on Totatl Connributions (check one box) <br />'The total contribution by the Employer on behalf ofeuch Participant (including Direct Finployer and Mandatory <br />Employee Contributions) for each Plan Year shall not exceed the following limit(s) below. Limits on Individual <br />contribution types are defined within the appropmue section above. <br />0 There is no Plan -defined limit on the percentage or dollar amount of earnings that maybe contributed, <br />[] __.__ % of earnings <br />Definition of earnings: [] Same as Section VT.A. ❑ Other <br />0 $ _for the Plan year. <br />VI1. Vesting for Direct Employer Contributions <br />A. Vesting Schedule (check one box) <br />© The account is 100% vested at all times, <br />d The following vesting schedule sludl apply to Dircct Employer Contributions as outlined in Section VIR L: <br />Years orservice "Vesting <br />Completed Percentage <br />ly <br />__ nitl <br />B. Tite account will become 100% vested upon the death, disability, retirement`, or attainment of benefit <br />eligibility (as outlined in Section LX) by a Participant. <br />*Definition of retirement Includes a separation from service component and is further defined by (check one): <br />a The primary retirement plan of the Employer <br />© Separation from service <br />El Other _ <br />C. Any period of service by a Participam prior to a rehlre of the Participant by the Employer shall not count <br />toward the vesting schedule outlined in A alcove. <br />VILL [forfeiture Provisions <br />If a Participant separates from service prior to full vesting, non vested funds in the Participant's account shall he forfeired in <br />accordance with the box checked under this section. <br />Upon the death of a participant, surviving spouse, and all surviving eligible dependents (as outlined. in Section Xl), funds <br />remaining in the Participants account shall be revert to the "Trust in accordance with the box checked under this section. <br />lhi5 <br />
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