CalPERS 457 Deferred Compensation Plan Document

CalPERS 457 Deferred Compensation plan Document The purpose of the California Public Employees' Deferred Compensation plan (the plan ) is to provide Deferred Compensation for California public employees that elect to participate in the plan . This plan is established pursuant to sections 21670 through 21685 of the Government Code of the State of California and is intended to constitute an "eligible Deferred Compensation plan ". within the meaning of section 457 of the Federal Internal Revenue Code. Except as otherwise provided herein, this amendment and restatement of the plan is effective April 30, 2014. Article 1 - Definitions The following terms when used herein shall have the following meaning: Account: The bookkeeping account maintained with respect to each Participant which reflects the value of the Deferred Compensation credited to the Participant, including the Participant's Deferrals, the earnings or loss of the Fund (net of Fund expenses) allocable to the Participant, any Transfers for the Participant's benefit, and any distributions made to the Partici

CalPERS 457 Deferred Compensation Plan Document The purpose of the California Public Employees' Deferred Compensation Plan (the “Plan”) is to

Tags:

  Document, Plan, Compensation, Deferred, Calpers, Calpers 457 deferred compensation plan document

Information

Related search queries