Commissioners Court - Regular Session

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27.

Meeting Date:	04/17/2012
Central Texas Deferred Compensation Plan Oversight Committee Update
Submitted For:	Dan Gattis	Submitted By:	Connie Watson, County Judge
Department:	County Judge
Agenda Category:	Regular Agenda Items

Information

Agenda Item

Hear updated from the Central Texas Deferred Compensation Plan Oversight Committee and discuss.

Background

In August, the Commissioners Court appointed six employees to represent Williamson County and serve as Regular Committee Members and Alternate Committee Members for the Central Texas Deferred Compensation Plan. In December, the Central Texas Deferred Compensation Plan's Oversight Committee began the work of developing a single plan that will serve the employees of Williamson County and the cities of Round Rock and Georgetown.
Williamson County is banding together with the cities of Round Rock and Georgetown to pool its collective employee deferred compensation retirement accounts. The hope is that the combined strength of those assets will improve the investment offerings available to employees and reduce the fees employees pay to the company that manages their accounts.

Fiscal Impact

From/To	Acct No.	Description	Amount

Attachments
No file(s) attached.

Form Review

Inbox	Reviewed By	Date
County Judge Exec Asst.	Wendy Coco	04/11/2012 09:45 AM
Form Started By: cwatson		Started On: 04/10/2012 04:19 PM
Final Approval Date: 04/11/2012