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HomeMy WebLinkAboutMINUTES - 09271994 - 1.68 TO: BOARD OF SUPERVISORS $e ` Contra FROM: Phil. - Batchelor , County Administrator ' s Offic '.��" ,' Costa x� .1'z Count DATE: September 27 , 1994 y COUK SUBJECT: Deferred Compensation Incentive Program SPECIFIC REOUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION i RECOMMENDATION IT IS ORDERED that the County Benefits Division be AUTHORIZED to restore any county deferred compensation incentive program contributions to eligible employees who lost eligibility due to layoffs caused by budgeting constraints between July 1, 1992 to the date of the adoption of this Board action. Impacted employees will be eligible for this one-time-only adjustment if they submit their request to the County Benefits Division not later than the close of business on October 31, 1994. BACKGROUND Certain unrepresented management employees and other management employees represented by AFSCME Local 512, SEIU Local 535 and the Deputy Sheriff's Association have been eligible through resolution or Memoranda of Understanding to participate in the County's Deferred Compensation Incentive Program after meeting a qualifying base contribution and maintaining continuous monthly contributions. In July 1992, some employees lost their eligibility for participation in the deferred compensation incentive plan as the result of layoff to an ineligible job classification despite maintaining appropriate levels of deferred compensation contribution. - The County Administrator has recommended that it is equitable to restore county contributions to these employees and that such action is consistent with the modification recently negotiated with the employee representatives. FISCAL IMPACT The payment of retroactive incentive program contributions is estimated to be of limited economic impact to departments. CONTINUED ON ATTACHMENT: YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS T I HEREBY CERTIFY THAT THIS IS A TRUE UNANIMOUS(ABSENT AND CORRECT COPY OF AN ACTION TAKEN AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORS ON T_MEDATE SHOWN. Originating Department : County . Administrator SEP 2 7 1994 CC: Auditor-Controller ATTESTED County B e n e fits . D i v i s i o n PHIL BATCHELOR,CLERK OF THE BOARD OF SUPERVISORS AND COUNTY ADMINISTRATOR M382 (10/88) Bw r DEPUTY