Discussion and Potential Action Item:
Recommend approval of updated Resolution No. 594 superseding Resolution No. 512.
Recommend approval to authorize the District CEO to execute an agreement with Lincoln Financial Group as Plan Administrator and Alliant as Broker and Advisor for the District 457 Deferred Compensation Plan.
Deferred compensation, notwithstanding the pool of employees that it is offered to, is a benefit of the highly compensated. BCHD does not need additional benefits for its Gang of 13 executives that take $2.4M per year in taxpayer funds.
Deferred compensation, notwithstanding the pool of employees that it is offered to, is a benefit of the highly compensated. BCHD does not need additional benefits for its Gang of 13 executives that take $2.4M per year in taxpayer funds.