Resolution approving the amended Governmental Money Purchase Plan and Trust Adoption Agreement between the City and the International City/County Management Corporation-Retirement Corporation (ICMA-RC) increasing the City's contributions to the 401A plan for General, Administrative, Professional and Technical employees in Plan #109439 from 7.92% to 8.26% commensurate with FY2018-2019.  The quantity of employees has decreased through attrition resulting in an overall decrease in projected annual employer cost by $359 from $88,177 to $87,818.  Funds available in various funds.

Recommendation:  Human Resources Director recommends adoption of the Resolution.