§ 5-2-105. OTHER RETIREMENT SYSTEMS NOT AFFECTED; DEFERRED SUMS NOT INCLUDED IN COMPUTING TAXES WITHHELD.  


Latest version.
  • The deferred compensation plan authorized by this title shall exist and serve in addition to any other retirement, pension, or benefit system established by the county; and no deferral of income under such deferred compensation plan shall effect a reduction of the amount of any such retirement, pension, or other benefit provided by law. Any sum deferred under such deferred compensation plan shall be included in the employee's compensation for purposes of computing F.I.C.A. contributions and contributions to the retirement system, but shall not be included for the purposes of computing federal or state taxes withheld on behalf of any such employee.

(1988 Code, § 2-205) (Bill No. 32-03, § 3, 7-1-2004)