As compensation for not accruing paid vacation credit, including its retirement benefits,
each elected county officer shall be provided twelve thousand dollars as a deferred
compensation contribution that will be added to the elected county officer's deferred
compensation account effective July 1st of each year (commencing July 1, 2007). If,
after July 1st, but before June 30th, of the next succeeding year, for any reason,
the elected county officer's occupancy of office terminates or expires, the elected
county officer shall be entitled to a deferred compensation account contribution prorated
from July 1st to include the time period the elected county officer served prior to
the next June 30th. Further, if, for any reason, all or part of such deferred compensation
contribution cannot be made into the deferred compensation account, the elected county
officer shall be entitled to an equivalent lump sum payment. None of the county's
twelve thousand dollar contribution may be used to establish eligibility and qualification
to receive the additional eighty-five dollar monthly deferred compensation incentive
otherwise provided by the county.
(Ords. 2006-70 § 3, 99-57 § 1).
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