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55A - RESO - PUBLIC AGENCY RETIREMENT SRVS
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12/20/2010
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55A - RESO - PUBLIC AGENCY RETIREMENT SRVS
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Last modified
1/3/2012 3:56:20 PM
Creation date
12/16/2010 12:29:31 PM
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City Clerk
Doc Type
Agenda Packet
Item #
55A
Date
12/20/2010
Destruction Year
2015
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exceed the Normal Limitation described in Section 2.3(a) (as modified by any adjustment <br />provided under Section 2.3(b)). The Employer shall distribute the amount of a <br />Participant's deferral in excess of the distribution limitations stated in Section 2.3, <br />together with allocable net income, as soon as administratively practicable after the Plan <br />determines that the amount is an excess deferral. For purposes of determining whether <br />there is an excess deferral under Section 2.3, all plans under which a Participant <br />participates as a result of his employment with the Employer shall be treated as a single <br />plan. <br />NB 1:564577.3 7 <br />55A-46
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