(a) The Plan Document established by the Board shall provide the requirements for participation in the Plan.
(b) A participant may transfer to this Plan amounts previously deferred under another Eligible Section 457 Deferred Compensation Plan. A participant may transfer to this Plan amounts in other eligible plans if provided for under the Plan Document and if authorized by Section 457 of the Internal Revenue Code and the Regulations promulgated thereunder. The Plan Document established by the Board shall define the requirements and eligibility for transfers into the Plan.
SECTION HISTORY
Added by Ord. No. 154,806, Eff. 2-13-81.
Amended by: In Entirety, Ord. No. 158,396, Eff. 11-14-83; Subsec. (g), Ord. No. 162,923, Eff. 12-13-87; Subsecs. (f) and (g), Ord. No. 170,511, Eff. 6-10-95; In Entirety, Ord. No. 174,407, Eff. 2-28-02, Oper. 1-1-02.