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HomeMy WebLinkAboutAgenda - 08-16-2005-5cORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: August 16, 2005 Action Agenda Item No. - ~-.C.. SUBJECT: Personnel Ordinance Revision -Supplemental Retirement [401(k) Plan] Contribution DEPARTMENT: Personnel PUBLIC HEARING: (Y/N) No ATTACHMENT(S): INFORMATION CONTACT: Elaine Holmes, Personnel Director, Extension 2550 TELEPHONE NUMBERS: Hillsborough Chapel Hill Durham Mebane 732-8181 968-4501 688-7331 336-227-2031 PURPOSE: To revise the Orange County Personnel Ordinance to reflect the Board's action with adoption of the 2005-06 budget increasing the County 401 (k) Plan contribution for non- sworn law enforcement officers from $20 to $25 per pay period effective July 1, 2005. BACKGROUND: With adoption of the 2005-06 budget, the Board of Commissioners enacted an increase in the County 401 (k) Plan contribution for permanent employees who are non- sworn law enforcement officers from $20 to $25 per pay period. This agenda item updates the Orange County Personnel Ordinance to reflect the action already taken by the Board of Commissioners effective ,luly 1. The Personnel Ordinance change is as follows: Revision to Orange County Personnel Ordinance, Article IV, "Employee Benefits" (Changes marked in bold type) 9.4 Supplemental Retirement[401(k)PIan1Contribution 9.4,1 Effective July 1, 20045, Orange County makes a Supplemental Retirement [401(k) Plan] contribution of $20 $25 per pay period for each eligible employee, FINANCIAL IMPACT: Funds for the increase in the County 401(k) Plan contribution were included in the approved budget for 2005-06. RECOMMENDATION(S): The Manager recommends the Board approve the above Personnel Ordinance revision effective July 1, 2005,