File #: 17-0590    Version: 1
Type: Constitutional Officers & Other Govt. Status: Agenda Ready
File created: 6/1/2017 In control: Board of County Commissioners
On agenda: 6/6/2017 Final action: 6/6/2017
Title: Jeffrey R. Smith, Indian River County Clerk of the Circuit Court and Comptroller:  Continuation of May 9th Board Agenda, Consolidation of Deferred Compensation Plans
Indexes: Benefits, Clerk of the Court, Finance
Attachments: 1. Finance Department Staff Report, 2. Prior Finance Department Staff Report Agenda of 050917
Related files: 17-0459, 17-0536, 17-0881

Title

Jeffrey R. Smith, Indian River County Clerk of the Circuit Court and Comptroller:  Continuation of May 9th Board Agenda, Consolidation of Deferred Compensation Plans

Recommended Action

Staff Recommends: 1.)                     Awarding the deferred compensation contract to Nationwide with a term of five years with two optional 2-year extensions, guaranteeing the fixed account at 3.5% for 60 months and charging a recordkeeping fee of 0.25%, and 2.) Approval to revise Section 104.5 Deferred Compensation of the Indian River County Code of Ordinances.