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File #: 1140-23    Version: 1 Name: Mission Square Roth 457 Plan Administration Agreement
Type: Resolution Status: Approved
File created: 10/30/2023 In control: Urban County Council
On agenda: 12/5/2023 Final action: 12/5/2023
Enactment date: 12/5/2023 Enactment #: R-633-2023
Title: A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to amend the plan documents with Mission Square Retirement for the administration of a Roth 457 Plan for Lexington-Fayette Urban County Government employees, at no cost to the Urban County Government. [Div. of Human Resources, George]
Attachments: 1. BlueSheet Memo 24.0013, 2. Mission Square Agreement, 3. 00799754.pdf, 4. R-633-2023, 5. Contract #336-2023

Title

A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to amend the plan documents with Mission Square Retirement for the administration of a Roth 457 Plan for Lexington-Fayette Urban County Government employees, at no cost to the Urban County Government. [Div. of Human Resources, George]

Summary

Authorization to amend the plan documents with Mission Square for the administration of a Roth 457 Plan for Lexington-Fayette Urban County Government employees. There is no cost to the Urban County Government. (L1140-23) (Walters/Hamilton)

Budgetary Implications: No

Advance Document Review:

Law: Yes, Completed by Michael Cravens, September 29, 2023

Risk Management: NA

Fully Budgeted: NA

Account Number:                     

This Fiscal Year Impact:                     $

Annual Impact:                      $

Project:

Activity:

Budget Reference:

Current Balance:

Body

BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:

                     Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, is authorized and directed to amend an existing Agreement, which is attached hereto and incorporated herein by reference, with Mission Square Retirement, in order to administer a Roth 457 Plan for Lexington-Fayette Urban County Government employees.

                     Section 2 - This Resolution shall become effective on the date of its passage.

                     PASSED URBAN COUNTY COUNCIL:              

 

                                                                                                                                                   ______________________________

                                                                                                                                                   MAYOR

 

 

ATTEST:

 

________________________________

CLERK OF URBAN COUNTY COUNCIL

1140-23:GET:X:\Cases\HR\23-LE0001\LEG\00799754.DOCX