(A) In order to encourage its employees to save for retirement by offering salary reduction contributions, the City of Elkhart adopts the State of Indiana Public Employee Deferred Compensation Plan.
(B) The Common Council establishes a deferred compensation plan under the terms of the adoption agreement (Exhibit A of Ordinance No. 5552), which is hereby incorporated by reference as if set forth in full herein.
(Ord. 5552, passed 2-13-2017)