Expedited Bill No. _---"<.54 --'-1.:..0_ _ __
Concerning: Retirement - Investments
Revised: November 22,2010 Draft No.
October 26, 2010
December 10, 2010
Sunset Date: --!...:N..;::;on:..:..:e=--_-::--_--:-:-:-_
Laws of Mont. Co. 2010
FOR MONTGOMERY COUNTY, MARYLAND
By: Council President at the Request of the County Executive
AN EXPEDITED ACT
require an automatic distribution for account balances of $1,000 or less in the
Guaranteed Retirement Income Plan and the Retirement Savings Plan;
permit rollover contributions into the Retirement Savings Plan from any eligible
permit additional investment choices in the Retirement Savings Plan;
permit additional investments in the Deferred Compensation Plan; and
generally amend the law regarding the retirement and deferred compensation
Montgomery County Code
Chapter 33, Personnel and Human Resources
Sections 33-44,33-113,33-116,33-120,33-121,33-125 and 33-145
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Existing law unaffected by hill.
The County Council for Montgomery County, Maryland approves the following Act: