Laserfiche WebLink
City of <br /> AGENDA ITEM #10.3 <br /> Pequot <br /> Lakes—=-____—__ <br /> REPORT TO <br /> CITY COUNCIL <br /> Report Prepared by: Nancy Malecha <br /> Date: May 2, 2017 <br /> Subiect: John Hancock 457(b) Plan <br /> Report: Since 2004, the City has offered a 457(b) <br /> deferred compensation plan for employees to contribute <br /> funds. This plan is serviced by Wenzel Financial Services, <br /> Inc. In an effort to update the participation agreement from <br /> the Voya Financial 457(b) Plan to the John Hancock 457(b) <br /> Plan, the Council needs to approve the attached resolution. <br /> Council Action Requested: Council motion adopting the <br /> resolution approving the John Hancock 457(b) Plan. <br />