§ 16.63-8. COMPLIANCE WITH APPLICABLE PROVISIONS OF THE INTERNAL REVENUE CODE.  


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  • It is intended that the DROP shall not jeopardize the tax-qualified status of the Retirement System trust. The Retirement Board shall have the authority to adopt rules and regulations required for the DROP to maintain compliance with applicable laws and regulations.
    (Added by Ord. 93-08, File No. 080464, App. 5/23/2008)