§ 13-55. Defined contribution plan.

Latest version.

A defined contribution plan ("DC Plan") is hereby created as a component of this Plan, but will not be activated unless and until a portion of Chapter 185 premium tax revenues have been assigned to fund the DC Plan. The provisions of the DC Plan, when and if activated, shall be negotiated by the parties at the time funding has been assigned to the DC Plan. Assignment of Chapter premium tax revenues can result either from agreement between the parties, or from application of the provisions of Ch. 2015-39, Laws of Florida.

(Ord. No. 584, § 6, 10-20-15)

                    
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