The purpose of this Plan is to offer employees of the City and County of San Francisco, the San Francisco Unified School District, the San Francisco Community College District and the Superior Court of California, County of San Francisco, a Supplemental Tax Deferred Plan to provide for the deferred taxation of accumulated vacation, sick leave or other compensation defined in the Adoption Agreement which is earned by and payable to such employees on account of and after their separation from employment. The City and County of San Francisco does not and cannot represent or guarantee that any particular federal or state income, payroll or other tax consequence will occur by reason of participation in this Plan nor whether there will be gains or losses on moneys paid into this Plan.
(Added by Ord. 242-02, File No. 040685, App. 9/30/2004)
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