Actions pertaining to City of Fresno Retirement Boards and City of Fresno Deferred Compensation Board: 1. BILL (for introduction) - Amending FMC Section 3-330(a) to clarify Tier I death provisions in the Fire and Police Retirement System; 2. BILL (for introduction) - Amending FMC Sections 3-332, 3-353, 3-410, 3-424, and 3-566 to modify the DROP provisions in the Fire and Police and Employees Retirement Systems; 3. BILL (for introduction) - Amending FMC Sections 3-352 and 3-565 in compliance with SECURE ACT 2.0 Required Minimum Distribution provisions; 4. BILL (for introduction) - Amending FMC Sections 3-351 and 3-564 adding SIMPLE IRAs; 5. BILL (for introduction) - Amending FMC Sections 3-402(f) to incorporate 3-303 and 3-320 to provide useful clarification as to the scope and status of the second tier; and 6. Approve the Sixth Amendment to the Trust Agreement between Fidelity Management Trust Company and the City of Fresno to incorporate QDRO processing.

What this record is

Held by

Fidelity Management Trust Company 3 records across this site

Runs until

no end date published in this record

Type

amendment

Field

Public safety

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Fidelity Management Trust Company also holds

Approval of, and Authorization for, the Interim Human Resources Director to Sign, the Eighth Amendment to the Fidelity Management Trust Company Agreem… Ventura County, CA Ratification of, Approval of, and Authorization for the Human Resources Director to Sign, the Seventh Amendment to the Fidelity Management Trust Compa… Ventura County, CA

Committee

City Council

Requested by

Retirement Department

Introduced

April 2, 2024

On agenda

April 18, 2024

Where it was heard

City Council Apr 18, 2024 TABLED