HomeMy WebLinkAbout952681.tifff .ERTIFICATF.
Weld County
We, the members of the Retirement Board for the County of Weld, State of Colorado, do
hereby certify that a true and correct copy of Amendment No. Two to the Weld County
Retirement Plan (As Amended and Restated Effective January I, 1994) was adopted by
Re . n of e Weld County Board of Retirement on the2 day of
, 1995.
1 IN WI SS WHEREOF, we have hereunto affixed our names this day of
pat)a-mT J 1995.
WELD ' • i TY BOARD OF RETIREMENT
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WITNESS:
OPrn _
RESOLUTION OF THE
WELD COUNTY BOARD OF RETIREMENT
WHEREAS, the Weld County Retirement Plan (the "Plan") has heretofore been created by
Resolution of the Weld County Board of Retirement hereafter referred to as the "Retirement
Board"; and
WHEREAS, the following amendment is believed to be nondiscriminatory and in
conformity with provisions of Section 401(a) and other applicable provisions of the Internal
Revenue Code of 1986, as amended from time to time; and
WHEREAS, the Plan has previously been amended and restated by action of the
Retirement Board, effective January 1, 1994; and
WHEREAS, Section 14.2 permits the Retirement Board and the County Commissioners to
amend the Plan from time to time, and this amendment is hereby designated Amendment No.
Two to the amended and restated Plan.
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
(1) That the Plan be amended effective September 1, 1995.
(2) Amendment No. Two to the Weld County Retirement Plan, copies of which have
been presented to the Retirement Board at this meeting, be and it hereby is approved and adopted
effective as of September 1, 1995.
(3) The Retirement Board be and they hereby are authorized to execute forthwith
Amendment No. Two to the Weld County Retirement Plan (As Amended and Restated Effective
January 1, 1994) and to do all other acts and things necessary and proper to keep the Plan and its
Retirement Fund in full force and effect and to make such amendments and changes, if any, as
may be necessary to maintain the qualification of the Plan and Retirement Fund under the
applicable sections of the Internal Revenue Code of 1986, as amended from time to time.
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AMENDMENT NO. TWO TO THE
WELD COUNTY RETIREMENT PLAN
JAS AMENDED AND RESTATED EFFECTIVE JANUARY 1. 19942
Pursuant to the authority of the Weld County Board of Retirement and the provisions of
Section 14.2 of the Plan, the Weld County Retirement Plan (As Amended and Restated Effective
January 1, 1994) (the "Plan") is hereby amended, effective September 1, 1995 as follows:
1. Section 9.1(a) is restated, in its entirety, to read as follows:
"(a) If such member is married at his death, one of the following death benefits
shall be payble to his spouse, at her sole option.
(1) Two (2) times the amount of his Accumulated Contributions as of
the date of death, payable immediately; or
(2) A monthly benefit payable for life in an amount equal to 75% of the
Member's Accrued Benefit on his date of death. Such death benefit shall
commence on the first day of the month coincident with or following the
Member's death."
The foregoing by a County Board of Retirement was duly approved by the
following vote on the LI day of , 1995.
TNESS: Q`: RE NT
CD
WEOPDG51.000.LRE
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