Res 2013- 76 Nationwide Retirement Solutions Add Roth Provisions1. 1 1 t
RESOLUTION 2013 - 76
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENDOTA HEIGHTS
AMENDING PROVISIONS OF THE NATIONWIDE RETIREMENT SOLUTIONS 457
DEFERRED COMPENSATION PLAN TO ADD ROTH PROVISIONS
PLAN NO. 23217
WHEREAS, the City of Mendota Heights has employees rendering valuable services;
and
WHEREAS, the City of Mendota Heights has established a deferred compensation plan
for such employees that serves the interest of the City by enabling it to provide reasonable
retirement security for its employees, by providing increased flexibility in its personnel
management system, and by assisting in the attraction and retention of competent personnel; and
WHEREAS, the City of Mendota Heights has determined that the continuance of the
deferred compensation plan will serve these objectives; and
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Mendota
Heights (Employer) hereby amends and restates the deferred compensation plan (the Plan) in the
form of. Nationwide Retirement Solutions 457 Governmental Deferred Compensation Plan &
Trust, to include the associated Roth Amendment.
Adopted by the City Council of the City of Mendota Heights this fifteenth day of October 2013.
CITY COUNCIL
OF MENDOTA HEIGHTS
Kre
ATTEST
C Z7.'iz
Lorri Smith, City Clerk