Cocoa Beach |
Code of Ordinances |
Chapter 16. PENSIONS |
Article IV. CITY MANAGERS ASSOCIATION DEFERRED COMPENSATION PLAN |
§ 16-42. Administration; implementation; cost to city.
Latest version.
The city manager is hereby authorized to execute for the city, individual participation agreements with each said employee requesting same, and to act as the administrator of the plan representing the city, and to execute such agreements and contracts as are necessary to implement the program. It is implicitly understood that other than the incidental expenses of collecting and disbursing the employee's deferrals and other minor administrative matters, that there is to be no cost or contribution by the city to the program.
(Ord. No. 675, § 2, 10-15-1981)