McMinn County approves participation in State Deferred Compensation Plan II
The commission adopted Resolution 24-081 to enroll McMinn County as a participating employer in the State of Tennessee Deferred Compensation Plan II (401(a)/401(k)), noting employer contribution limits and administrative responsibilities; the measure passed by voice vote.
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McMinn County commissioners voted Dec. 16 to adopt Resolution No. 24-081, making the county a Participating Employer in the State of Tennessee Deferred Compensation Plan II, a 401(a)/401(k) defined contribution arrangement intended to help county employees save for retirement.
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