(A) The city hereby adopts a plan under the Ohio Public Employees Deferred Compensation Program and shall properly contract with any eligible employee who desires to participate in the plan. The plan adopted by the city shall be the uniform plan as promulgated by and as amended from time to time by the Ohio Public Employees Deferred Compensation Board.
(B) The Ohio Public Employees Deferred Compensation Board is hereby authorized to administer the plan under the program and to do all things necessary or proper for the administration of the plan, consistent with the Ohio Revised Code and all the rules and regulations promulgated by the Board, whether in the Ohio Administrative Code or otherwise. The Board is hereby authorized to administer the plan under the program consistent with the program adoption agreement, a copy of which is attached to original Resolution 94-R34, passed May 10, 1994.
(C) The city is hereby authorized to execute the program adoption agreement with the Ohio Public Employees Deferred Compensation Board.
(D) The Director of Finance is hereby authorized and appointed as the responsible official who will implement and oversee the administration of the plan under the program on behalf of the city, in accordance with the program adoption agreement. The Director of Finance is authorized to provide the Ohio Public Employees Deferred Compensation Board with any information it may properly require for the administration of the plan under the program.
(Prior Code, § 258.04) (Res. 94-R34, passed 5-10-1994)