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Resolution 1980-30
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Resolution 1980-30
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Last modified
3/12/2021 12:35:11 PM
Creation date
4/6/2007 10:35:56 AM
Metadata
Fields
Template:
City Council Records
Doc Type
Resolution
Signed Date
9/18/1980
Ord/Res - Year
1980
Ord/Res - Number
30
Original Hardcopy Storage
7E5
Supplemental fields
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RES 1980-30
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<br /> . . <br /> RESO:LUTION NO. 30 <br /> Series 1980 <br /> A Resolution for the Establishment of an Employee Pension <br />Money Purchase Plan. <br /> WHEREAS, the City of Louisville has in its employ certain <br />and various personnel; and, <br /> WHEREAS, said employees are and will continue to render <br />valuable services to the City of Louisville; and, <br /> WHEREAS, the City Council has determined that it is in the <br />employees' best interest to adopt a Qualified Pension Plan; and, <br /> WHEREAS, it shall be beneficial to the City of Louisville <br />and to its employees to be able to assure reasonable retirement <br />security to said employees and the City will be more able to attract <br />competent and qualified employees upon adoption of a Pension Plan. <br /> NOW, THEREFORE, BE IT .RESOLVED that the City Council of <br />the City of Louisville hE!reby adopts and establ ishes an Employee <br />Pension Money Purchase Plan for City employees and hereby authorizes <br />the Mayor to execute the Employee Pension Money Plan with Metropolitan <br />Life Insurance Company. <br /> Passed and adopted this eighteenth day of September, 1980. <br /> ~J~d-" ~ &---v ~ <br /> ayor <br />ATTEST: <br />i2J:;n2 d. ,,/hd <br />City Clerk <br />
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