Legislation Details

File #: 260276    Version: 0
Type: Communication Status: Placed On File
File created: 6/23/2026 In control: COMMON COUNCIL
On agenda: Final action: 7/14/2026
Effective date:    
Title: Communication from the Deferred Compensation Plan relating to the Auto-Escalation Program.
Sponsors: THE CHAIR
Indexes: DEFERRED COMPENSATION PLAN, REPORTS AND STUDIES
Attachments: 1. Memo Regarding Deferred Compensation Plan Annual Auto Escalation Program, 2. MDCP Annual Account Increase Period Flyer_DRAFT, 3. Illustrative Impact of the Auto-Increase Program, 4. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
7/14/20260 COMMON COUNCIL PLACED ON FILEPass14:0 Action details Meeting details Video Video
7/8/20260 FINANCE & PERSONNEL COMMITTEE RECOMMENDED FOR PLACING ON FILE

Minutes note: Appearing: Beth Cleary, Deferred Compensation There was discussion on implementation of an Auto-Escalation Program, financial impacts, enrollment and opting out process, program participants, 7% contribution cap, model projections, contribution limits, employee outreach, and program notification.		Pass5:0 Action details Meeting details Video Video
6/23/20260 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available

Number

260276

Version

ORIGINAL

Reference

 

Sponsor

THE CHAIR

Title

Communication from the Deferred Compensation Plan relating to the Auto-Escalation Program.

 

 

 

Drafter

LRB

Kathleen Brengosz

5/21/26