HomeMy WebLinkAboutRES 1992-35 - Board RESOLUTION NO...9235:
O F THE:.
TRUCKEE DONNER. PUBLIC UTILITY DISTRICT..
AMENDING THE
DEFINED BENEFIT PENSION PLAN
WHEREAS, the Board of Directors deems it necessary to bring the plan documents into
compliance with District policies which allow management employees to waive
participation in the pension plan;
NOW, THEREFORE, BE I T RESOLVED by the Board of Directors of the Truckee Donner
Public Utility District that the District pension plan be amended in accordance with the
Sixth Amendment, copy attached, which provides that effective January 1, 1986,
employees are allowed to waive participation in the pension plan.
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held
within the District on the 8th day of September 1992 by the following roll call vote:
AYES: Corbett, Curran, Maass, Sutton and Aguera.
NOES: None.
ABSENT. None.
TRUCKEE DONNER PUBLIC .UTILITY DISTRICT
By
a"-
Jo oh . Aguera resident
ATTES
Susan M. Craig, Deputy Distr' t Clerk
smc
Sixth Amendment
... to the
Truckee-Donner Public Utility District Pension Plan
Truckee-Donner Public Utility District, hereby amends the Defined Benefit
Pension Plan which was adopted by said Employer on August 15, 1983.
The purpose of this Amendment is to bring the plan documents into compliance
with District policies which allow Management Employees to waive participation in
the Pension Plan.
The effective date of this Amendment is January 1, 1986.
Subsection 2, of Section O of the Joinder Agreement shall be modified to
read as follows:
(2) Election Not to Participate
Participants (x) shall, or ( } shall not be allowed to waive participation in the
Plan in accordance with Section 2.3 of the Plan
IN WITNESS WHEREOF, Truckee-Donner Public Utility District, has
caused this amendment to be e ecuted by its authorized officer.
Dated this may of — 1992 '
esident of th oard