Title
Treasurer-Tax Collector recommending the Board approve adding Percent-based Contributions to the Nationwide Retirement Solutions Deferred Compensation Plan. (Cont'd 6/28/11, Item 57)
Body
Background:
Gives participants the ability to have their contribution automatically increase or decrease as their paycheck adjusts. Currently participants can only contribute a fixed amount which can be changed only by submitting a written change authorization.
Reason for Recommendation:
Additional plan option for employee.
Action to be taken following Board approval: None
Contact: Louise Gresham x5819 or Ginnie Hibert x5811
Concurrences: