§ 5.26.050. Duration of Participation.  


Latest version.
  • 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.)