HomeMy WebLinkAboutResolutions - No. 92-190RESOLUTION NO. 92-190
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A RESOLUTION OF THE LODI CITY COUNCIL
AMENDING THE CITY OF LODI DEFERRED COMPENSATION PLAN
AS IT PERTAINS TO WITHDRAWALS BY RETIRED EMPLOYEES
BE IT RESOLVED, that upon the recommendation of the Deferred
Compensation Committee, the Lodi City Council does hereby approve an
amendment to the City of Lodi Deferred Compensation Plan as it pertains
to withdrawals by retired employees by adding the following sentence to
Section 6.03 of the Deferred Compensation Plan:
"Participants in Distribution may at any time 'cash out' all
funds."
Dated: December 16, 1992
I hereby certify that Resolution No. 92-190 was passed and
adopted by the Lodi City Council in a regular meeting held December 16,
1992 by the following vote:
Ayes: Council Members - Davenport, Mann, Sieglock, Snider
and Pennino (Mayor)
Noes: Council Members - None
Absent: Council Members - None
&V � - Aft4i)
Alice M. R imche
City Clerk
92-190
RES92190/TXTA.02J