1986-0304_ICMA RETIREMENT CORPORATION_Notice of Plan Acceptance,4D6.6 ��-
Written Communications:
Report dated March 4, 1986, from the Assistant to the City
Manager, forwarding a Resolution establishing a deferred
compensation plan with the International City Management
Association Retirement Corporation. The plan was proposed
as an additional deferred compensation plan for employees to
use at their discretion; the current program with California
Federal Savings and Loan will be retained.
i� AYo �YV.QY YZ VVM..Viiaaw.. YY4GYViiGi( pGVVL.YGY y1'
Councilman Buchheim, that the following Resolution be
adopted:
8
A AA0VLUT.LUV U!" 'XnZ {.:1TY l:UU14"L Ur TUM l:1TY UY' SAN
JUAN CAPISTRANO, CALIFORNIA, ESTABLISHING A DEFERRED
COMPENSATION PLAN WITH THE ICMA RETIREMENT CORPORATION
The motion carried by the following vote:
AYES: Councilmen Friess, Bland, Buchheim,
Hausdorfer, and Mayor Schwartze
NOES: None
ABSENT: None
The Director of Administrative Services was designated as
the coordinator for the program.
� IC
RE IREMENT t
CORPORATION
Notice of
Plan Acceptance
Assistant to the City Manager
City of San Juan Capistrano
32400 Paseo Adelanto
San Juan Capistrano, CA 92675
Effective Date.
Account Number
March 17, 1986
2227-19
J�rFr. NV Po I W KI14."45;
Nacunoi, J: 2CK)
We nave received and accepted your resolution naming the ICMA Retirement Cor-
poration (RC) as your deferred compensation administrate Your participation is e`-
tect!ve on ME above date
As a member of the ICMA Retirement Trust, you are eiiginie to vote to- Trustee --
Elections are held annually in April. Ballots will be sent to your officiai pian cooroinatoa
Please note vour emplover account number above. Eacn emplovee wno enroi!s
the plan will receive an individua; account number prefixed o� this numoe, h v0 -
have any questions please call us toll-free
For the ICMA Retirement Corporation,
Title. Treasurer
Date March 17, 1986
ICMA
RETIREMENT
CORPORATION
RM N
CORPORATION
TABLE OF CONTENTS
1. Employee Action Form: Use this form to enroll employees in the
plan and to make changes in contributions, allocation of funds, or
beneficiaries.
2. Contribution Statement: This form lists employees enrolled in the
plan and their account numbers. Use the one enclosed to submit the
first regular contribution. RC will automatically mail
contribution statements two weeks before each contribution is due.
3. Tape Transfer Instructions: For employers who wish to submit
contributions data via magnetic tape, RC provides instructions and
format.
4. Employee's Quarterly Statement: This report of each participant's
account lists all contributions, fees, earnings by fund, and the
account balance. RC sends the report to each participating
employee four weeks after the end of each quarter. A year-to-date
statement of account is available upon receipt of a written request
at any time during the year.
5. Annual Investment Report: Each participating employer will receive
The investment report following each fiscal year. The report
includes a listing of investments, an independent auditor's report
and a detailed discussion of fund performance. RC will mail the
report to any employee who requests it.
6. RC Notes: RC's quarterly newsletter, sent free of charge to all
participants, provides information relating to performance of the
investment funds, legal changes affecting deferred compensation
plans, and other information of interest.
7• "A Tax Shelter For Your Future": A reference tool for new
participants and for those employees considering participation,
this book describes the plan's requirements and benefits, and
helpsindividuals decide how much to invest and which funds best
suit an employee's financial situation.
8. "Guide to Benefit Payments and Emergency Withdrawals": This
booklet contains information relating to withdrawal of funds and
setting up benefit payment schedules, as well as application forms
for early withdrawals and benefit payments.
9. Payroll Stuffers: Two leaflets, "Defer taxes and invest for your
future" and "Did you need an IRA this year?" are available to
employers to publicize the plan or upcoming enrollment meetings.
10. Employer's Annual Statement (not included): This consolidated
statement, sent each February, lists all deposits, fees, and
earnings by fund, and gives account balances for each participating
employee as of the end of the fiscal year (December 31).