§ 2-5-58. Deferred compensation plan—adopted for city and for all employees; signing of agreements; voluntary participation.  


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  • The deferred compensation plan, known as the "ICMA Retirement Corporation 457 Plan," as the same may be adopted and from time to time amended by or with the approval of the city council, is hereby adopted for the City of Alexandria, Virginia, and for all employees thereof. The city manager is authorized and directed to execute on behalf of the city all necessary documents in connection with the said plan. No employee of the city shall be required or directed to participate in the plan. (Ord. No. 4284, 12/14/02, Sec. 1)