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Commissioners approve amendment to employee retirement‑savings loan provisions
Calvert County Board of County Commissioners · May 5, 2026
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Summary
The board approved a fifth amendment to the employees’ retirement savings plan to remove four enumerated hardship categories and allow participant loans for any personal financial reason consistent with IRS rules; staff said there is no fiscal impact to the county.
The Board of County Commissioners voted on May 5 to review and, as appropriate, approve a fifth amendment to the employees’ retirement savings plan that removes four specifically enumerated hardship…
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