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HomeMy WebLinkAbout2010/05/03 RESOLUTION TO PROVIDE A QUALIFIED DEFINED CONTRIBUTION PLAN TO ITS EMPLOYEEESHarnett COUNTY NORTH CAROLINA Lwnv.harnett.org RESOLUTION WHEREAS, Harnett County wishes to provide a qualified defined contribution plan to its employees. AND WHEREAS, the State of North Carolina has established the North Carolina Public Employee Deferred Compensation Plan, a qualified governmental Deferred Compensation Plan under Internal Revenue Code § 457(b) for public employees of North Carolina. THEREFORE, be it resolved that Harnett County has adopted the North Carolina Public Employee Deferred Compensation Plan also known as NC Deferred Comp under the terms of the Plan Document and the Third -Party Administrator Agreement. All employees shall become eligible to defer compensation immediately. Signed this 3 day of M01 1K 201Q . .111/ OMMIS Timothy cNeill, Chairman �'. r' N Date -.,�9p �• strong roots • new growth