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File #: 16030    Version: 1
Type: Consent Agenda - Human Resource Status: Adopted
File created: 7/18/2024 In control: Commissioners Court
On agenda: 7/23/2024 Final action: 7/23/2024
Title: Deferred Compensation Plan (AUL) Emergency Withdrawal
Indexes: Personnel
Attachments: 1. Hurricane Beryl Withdrawal Exhibit A

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Deferred Compensation Plan (AUL) Emergency Withdrawal

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Whereas, the Court hereby recognizes that Hurricane Beryl has caused many County employees and their families to incur substantial, unexpected living expenses and economic loss; and

 

Whereas, the court authorizes that county employees may make one-time hardship withdrawal from their Alternative 457b Retirement Plan accounts.

 

Further, provisions and rules for this special offering are set forth in the attached letter which is hereby ratified.