Board Established by County

Description:
The Board of Commissioners found that the public interest would be better served by expanding the
membership of the DC Plan Administrative Committee and on February 6, 2008, to include representation from participants in the DC Plan, among others; that, pursuant to its existing authority under Sections 9.1 (a), 10.1 (a), and 12.1 of the DC Plan, the Board of Commissioners hereby administratively expanded the membership of the DC Plan Administrative Committee to nine (9) members (#08-0177/2-6-08).  

Fulton County established the Fulton County Defined Contribution Plan (the "DC Plan") effective July 1, 1999 (#99-0857/6-16-99), which DC Plan provides certain retirement benefits for Fulton County officers and employees; and the existing DC Plan (Article IX, Section 9.1) provided that the DC Plan Administrative Committee shall consist of not less than three (3) members who were appointed by and served at the pleasure of the Board of Commissioners, with the initial Administrative Committee to be comprised of the Chairman of the Fulton County Board of Commissioners or his designee, the Fulton County Finance Director, and the Fulton County Manager.

RELEVANT DOCUMENTATION:

FULL BOARD DESCRIPTION
ITEM #99-0857, FULTON COUNTY DEFINED CONTRIBUTION PLAN, JUNE 16, 1999
ITEM #99-0884, RESOLUTION AUTHORIZING ANCILLARY BENEFITS FOR EMPLOYEES PARTICIPATING N THE DEFINED CONTRIBUTION PENSION PLAN, JUNE 16, 1999
ITEM #08-0177, RESOLUTION TO EXPAND BOARD, FEBRUARY 6, 2008
ITEM #13-1107, RESOLUTIONS APPROVING THE RESTATEMENT OF THE DC PLAN, DECEMBER 4, 2013
ITEM #15-0864, RESOLUTION AMENDING THE FULTON COUNTY EMPLOYEES RETIREMENT SYSTEM, OCTOBER 7, 2015
ITEM #15-0862, RESOLUTIONS AMENDING FULTON COUNTY DEFINED CONTRIBUTION PLAN, OCTOBER 21, 2015