(A) The city adopts the Ohio Deferred Compensation (State Public Employees Deferred Compensation Program) and extends to all eligible employees the opportunity to join the program. The city will continue to administer the Ohio Municipal League Master Deferred Compensation Plan (VOYA), and the Great American Annuity Investors/Mass Mutual Life Insurance Company Deferred Compensation Plan for currently enrolled employees.
(B) The Finance Director is authorized to execute an agreement with the Board on terms and conditions, which agreement shall authorize the Board to offer the program to all eligible employees of the city and thereafter to administer the program on behalf of the employees.
(1980 Code, § 33.33) (Res. 2258, passed 1-3-1978; Am. Ord. 4934, passed 9-19-1988; Am. Ord. 6705, passed 12-18-2000; Am. Ord. 9182, passed 5-6-2024; Am. Ord. 9211, passed 8-5-2024)