City of Round Rock - File #: 2019-0402

• File #: 2019-0402
• Type: Resolution
• Status: Approved
• File created: 9/13/2019
• In control: City Council
• On agenda: 10/10/2019
• Final action: 10/10/2019
• Title: Consider a resolution authorizing the Mayor to execute an Administrative Services Agreement for the City's 457(b) Deferred Compensation Plan.

Date	Ver.	Action By	Action	Result
10/10/2019	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute an Administrative Services Agreement for the City's 457(b) Deferred Compensation Plan.

Body

The agreement is to allow Nationwide Retirement Solutions to provide 457(b) Deferred Compensation retirement benefits to City employees to be paid for by the employee with no City contributions.  In summary, there is no cost to the City.