7.C.1. Recommendation to approve the amendment of the Washoe County 457(b) and OBRA Deferred Compensation Plan Document, Section 8.6, Automatic Benefit Payments, to allow for the distribution of de minimis accounts, and Appendix A, Definitions, "Normal Retirement Age", to remove reporting to the Committee of an alternate Normal Retirement Age as selected by the Participant. [No fiscal impact.] Human Resources. (All Commission Districts.) FOR POSSIBLE ACTION

Meeting: Board of County Commissioners on 2025-08-26 10:00 AM

Meeting Time: August 26, 2025 at 10:00am PDT

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Agenda Item

7.C.1. Recommendation to approve the amendment of the Washoe County 457(b) and OBRA Deferred Compensation Plan Document, Section 8.6, Automatic Benefit Payments, to allow for the distribution of de minimis accounts, and Appendix A, Definitions, "Normal Retirement Age", to remove reporting to the Committee of an alternate Normal Retirement Age as selected by the Participant. [No fiscal impact.] Human Resources. (All Commission Districts.) FOR POSSIBLE ACTION

Legislation Text Staff Report 08-26-2025 - HR - Deferred Compensation Plan Document Amendment Washoe County 457(b) Plan Draft Restatement - eff 1.1.25 - FINAL - FOR SIGNATURE Washoe County 457(b) Plan Draft Restatement - eff 1.1.25 - REDLINED

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Meeting: Board of County Commissioners on 2025-08-26 10:00 AM

Agenda Item