153.21 DEFERRED COMPENSATION PROGRAM.

   (a)    The Village hereby adopts a plan under the Ohio Public Employees Deferred Compensation Program which extends to all eligible employees of the Municipality the opportunity to join such program.

   (b)    The Mayor is hereby authorized and directed to execute an agreement with the Ohio Public Employees Deferred Compensation Board, which agreement shall be in a form approved by the Finance Director and Director of Law, and which agreement shall authorize the Ohio Public Employees Deferred Compensation Board to offer a plan under the Ohio Public Employees Deferred Compensation Program to all eligible employees of the Municipality and thereafter to administer the plan on behalf of such employees.

   (c)    The Mayor is hereby authorized and directed to execute agreements with additional deferred compensation providers, which agreements shall be in a form approved by the Finance Director and Director of Law, and which shall authorize the offering of deferred compensation programs to eligible employees of the Municipality and thereafter to administer the plan on behalf of such employees.

(Ord. 2023-18. Passed 12-4-23.)