§ 2-23. Deferred compensation  


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  • The police jury, meeting in regular scheduled session, hereby adopts the National Association of Counties deferred compensation program and hereby establishes the Parish of Natchitoches deferred compensation plan for the voluntary participation of all eligible parish employees and elected officials. The secretary-treasurer is hereby authorized to execute, for the parish, individual participation agreements with each said employee requesting same, and to act as the administrator of the plan representing the parish, and to execute such agreements and contracts as are necessary to implement the program. It is implicitly understood that, other than incidental expenses of collecting and disbursing of the employees' deferrals and other minor administrative matters, there is to be no cost or contribution by the parish to the program.

(Res. of 3-17-82)