[Adopted 2-18-1986 by Res. No. 1085]
The Township adopts the Deferred Compensation
Plan, attached hereto as Appendix A,[1] and appoints the ICMA Retirement Corporation to serve
as administrator thereunder.
[1]
Editor's Note: Appendix A is on file in the
office of the Township Manager and may be examined there during regular
business hours.
The Township hereby executes the ICMA Retirement
Trust, attached hereto as Appendix B.[1]
[1]
Editor's Note: Appendix B is on file in the
office of the Township Manager and may be examined there during regular
business hours.
The Township hereby adopts the trust agreement,
attached hereto as Appendix C,[1] and appoints the ICMA Retirement Corporation as trustee
thereunder and directs the ICMA Retirement Corporation, as trustee,
to invest all funds held under the Deferred Compensation Plan through
the ICMA Retirement Trust as soon as is practicable.
[1]
Editor's Note: Appendix C is on file in the
office of the Township Manager and may be examined there during regular
business hours.
The Township Manager shall be the coordinator
for this program and shall receive necessary reports, notices, etc.,
from the ICMA Retirement Corporation as administrator and shall cast,
on behalf of the Township, any required votes under the program. Administrative
duties to carry out the plan may be assigned to the appropriate departments.
