DEPARTMENT
Finance
REQUESTED ACTION (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title
Request approval of the Resolution to modify membership of the Administrative Committee of the Fulton County 401(a) Defined Contribution Plan to the composition of Positions 6, 7 and 8 of the DC Plan Administrative Committee to allow Position 7 to be either an active or former employee of the County. (APPROVED UPON ADOPTION OF THE CONSENT AGENDA)
body
REQUIREMENT FOR BOARD ACTION (Cite specific Board policy, statute or code requirement)
In accordance with Board policy all 401(a) Defined Contribution Plan Amendments must be approved by the Board of Commissioners.
STRATEGIC PRIORITY AREA RELATED TO THIS ITEM (If yes, note strategic priority area below)
Open and Responsible Government
COMMISSION DISTRICTS AFFECTED
All Districts ?
District 1 ?
District 2 ?
District 3 ?
District 4 ?
District 5 ?
District 6 ?
IS THIS A PURCHASING ITEM?
No
SUMMARY & BACKGROUND (First sentence includes Agency recommendation. Provide an executive summary of the action that gives an overview of the relevant details for the item.)
Scope of Work: The Fulton County Board of Commissioners previously expanded the membership of the DC Plan Administrative Committee by a resolution adopted on October 21, 2015 to its current composition, which currently consists of the following: The Chairman of the Fulton County Board of Commissioners or an individual designated by the Chairman to serve in his or her stead (Position 1); Two (2) members of the Fulton County Board of Commissioners other than the Chairman, who shall be appointed by the Board of Commissioners (Positions 2 and 3); The County Manager of Fulton County or an individual designated by the County Manager to serve in his or her stead (Position 4); The Fulton County Chief Financial Officer or an individual designated by the Chief Financial Officer to serve in his or her stead (Position 5); Three (3) active employees of ...
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