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.