Common Contracts
1 similar Defined Benefit Plan contracts
THE GWINNETT COUNTY DEFINED BENEFIT PLANDefined Benefit Plan • December 12th, 2006
Gwinnett County (“County”) previously participated in the Association County Commissioners of Georgia Benefit Plan and the Association County Commissioner of Georgia Defined Benefit Plan Master Trust Agreement sponsored by the Association County Commissioners of Georgia. Having determined that it is in the best interests of the participants and beneficiaries, the County hereby establishes the Gwinnett County Defined Benefit Plan (“Plan”) for the benefit of its employees and other eligible individuals as provided herein. Assets held in the Association County Commissioner of Georgia Defined Benefit Plan Master Trust for the benefit of Gwinnett County Employees shall be transferred to the Plan, and in no event will a Participant’s Account after the transfer of assets be less than his account prior to the transfer of assets. No employees whose initial hire date with Gwinnett County is on or after January 1, 2007 may become eligible to participate in the Plan. Employees terminating employme
