Sperry adopts defined-contribution retirement plan with emergency clause
Trustees unanimously passed Ordinance No. 2024-05 establishing a defined-contribution employee retirement system for the Town of Sperry and the Sperry Utility Services Authority and approved an emergency clause to make it effective immediately.
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The Board of Trustees approved Ordinance No. 2024-05 to adopt an employee retirement system, establishing a defined-contribution plan for eligible employees of the Town of Sperry and the Sperry Utility Services Authority. Trustee Melody Anderson moved to adopt the ordinance, with Trustee Kelly Wensman seconding; the board voted unanimously in favor.
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