Board of Directors Meeting Agenda
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Receive, consider and act upon a Resolution authorizing changes to The Woodlands Township 401a Retirement Plan;
During the 2018 Budget process, the Board authorized a change in the Township match structure beginning January 1, 2018. Any employees hired on or after January 1, 2018 will be eligible for a one-to-one match of 12% of their eligible compensation. In order for The Woodlands Township 401a Retirement Plan to be amended to allow this change, the attached Board Resolution must be approved.
Approve The Woodlands Township Board of Directors Resolution to amend The Woodlands Township 401a Retirement Plan effective January 1, 2018.
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