City of Round Rock - File #: 2021-223

• File #: 2021-223
• Type: Resolution
• Status: Approved
• File created: 8/9/2021
• In control: City Council
• On agenda: 8/26/2021
• Final action: 8/26/2021
• Title: Consider a resolution authorizing the Mayor to execute an Application for Group Flexible Purchase Payment Deferred Fixed Indexed Annuity Contract related to the City's Government 457(b) Deferred Compensation Plan.

Date	Ver.	Action By	Action	Result
8/26/2021	1	City Council	approve	Pass

Title

Consider a resolution authorizing the Mayor to execute an Application for Group Flexible Purchase Payment Deferred Fixed Indexed Annuity Contract related to the City's Government 457(b) Deferred Compensation Plan.

Body

As the Plan sponsor, the City is required to execute the application to add the Indexed Principal Protection option to the plan.