HomeMy WebLinkAbout2018-06-25 18-261 Order
06/25/201818-261
06/25/2018
18-261
Human Resources
Order
N/A
Title, Order
Authorizing the City Manager to execute an addendum to the current ICMA-RC 401(a) Direct Contribution
Retirement Plan for the Firefighter, Police Patrol, and Police Command employees.
This order authorizes the City Manager to execute an addendum to the current ICMA-RC 401(a)
Direct Contribution Retirement Plan number 107798 for the Firefighter, Police Patrol, and Police
Command employees, effective July 1, 2018. This order will allow for the increase in both the
employee and employer contributions to the ICMA-RC 401(a) Direct Contribution Plan to match the
required contribution levels established for the Maine State Retirement Special Plan 2C, for both the
employee and employer.
Council Workshop
06/25/2018
Recommend for passage
Consent
06/25/201818-261
CITY OF BANGOR ORDER
06/25/2018
18-261
Supica
Authorizing the City Manager to execute an addendum to the current ICMA-RC 401(a) Direct Contribution
Retirement Plan for the Firefighter, Police Patrol, and Police Command employees.
Whereas; the addendum will allow for the employee and employer contributions to the ICMA-RC plan number
107798 for the Firefighter, Police Patrol, and Police Command employees to match the employee and
employer contribution levels established by the Maine State Retirement System Special Plan 2C.
Whereas; the employee and employer contribution levels to the ICMA-RC Plan number 107798 will remain at
the current levels for all other employees of the city.
Be it Ordered by the City Council of the City of Bangor that,
This order authorizes the City Manager to execute an addendum to the current ICMA-RC 401(a) Direct
Contribution Retirement Plan number 107798 for the Firefighter, Police Patrol, and Police Command
employees, effective July 1, 2018.
IN CITY COUNCIL
JUNE 25, 2018
CO 18-261
PASSED
CI LERK