§ 5.26.500. Right to Amend or Terminate.  


Latest version.
  • Subject to the limitations of Section 5.26.150, the Board of Supervisors of the County has reserved, and does hereby reserve, the right at any time or times, without the consent of any Participant, Beneficiary or other person, (1) to terminate the Plan, in whole or in part or as to any designated group of Eligible Employees, Participants and their Beneficiaries, or (2) to amend the Plan, in whole or in part. Subject to the provisions of Section 5.26.120 no such termination or amendment shall decrease the amount to be contributed by the County on account of any period prior to the date such termination or amendment is approved by the Board of Supervisors of the County.

(Ord. 2004-0064 §§ 1, 2 (part), 2004.)