ID 24-486
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
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- amendment
- Field
- Public safety
public safety contracts in CA that end within a year →
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- Committee
- City Council
- Requested by
- Retirement Department
- Introduced
- April 2, 2024
- On agenda
- April 18, 2024
Where it was heard
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