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Supervisors approve first reading of ordinance switching board deferred‑comp contribution to 401(a) option
Summary
The board approved the introduction and first reading of an ordinance changing how the county’s contribution to supervisors’ deferred compensation may be deposited — adding a 401(a) option while leaving the contribution amount unchanged.
The El Dorado County Board of Supervisors voted Oct. 28 to introduce an ordinance amending Chapter 2.06 of the county code to update the mechanics of county contributions to board members’ deferred compensation.
The change removes a limitation that the employer contribution be placed into a 457(b) employer plan and adds an employer 401(a) contribution option. County Human Resources told the board the revision is ministerial in nature and does not alter the dollar amount of the county contribution (staff said the stated county contribution remains unchanged). The board approved first reading and continued the matter for final passage and second reading on Nov. 4.
Public comment: No speakers testified for or against the ordinance at the Oct. 28 public hearing.
What was said: “Whenever there’s a change to board members’ salary or benefits, we need to update the ordinance,” said Joey Carrasco, director of human resources. Carrasco and staff said the change is intended to give participants and plan administrators more flexibility and to allow county personnel to increase deferred contributions into participant 457 accounts.
What happens next: The board will consider final passage and adoption at its Nov. 4 meeting after the mandated reading and posting requirements are met.
