Los Angeles County |
Code of Ordinances |
Title 5. PERSONNEL |
Chapter 5.26. THE COUNTY OF LOS ANGELES SAVINGS PLAN |
Part 2. PARTICIPATION |
§ 5.26.050. Duration of Participation.
An Employee or former Employee shall remain a Participant so long as (1) he is an Eligible Employee covered by a Compensation Deferral Agreement or Salary Deduction Agreement, or (2) a portion of the Investment Fund is credited to his Account and held for his benefit by the Trustee. However, a Participant who ceases to be an Eligible Employee who is covered by a Compensation Deferral Agreement or a Salary Deduction Agreement may have no County Contributions made for him until he again commences participation pursuant to Section 5.26.040.
(Ord. 2004-0064 §§ 1, 2 (part), 2004.)