File #: 10-00952    Version: 1
Type: Agenda Item Status: Passed
File created: 10/15/2010 In control: BOARD OF SUPERVISORS
On agenda: 10/26/2010 Final action: 10/26/2010
Title: Approve and authorize the Chair to execute an Amendment to the County of Santa Barbara Discretionary Supplemental Deferred Compensation Plan (Plan) to allow the new County Executive Officer to elect to have a mandatory, irrevocable pay reduction to be contributed into the Plan in the amount of 5%, 10%, 15%, 20% or 25% of salary, at no ongoing cost to the County.
Sponsors: HUMAN RESOURCES DEPARTMENT
Attachments: 1. Board Letter/ Plan Amendment

Title

Approve and authorize the Chair to execute an Amendment to the County of Santa Barbara Discretionary Supplemental Deferred Compensation Plan (Plan) to allow the new County Executive Officer to elect to have a mandatory, irrevocable pay reduction to be contributed into the Plan in the amount of 5%, 10%, 15%, 20% or 25% of salary, at no ongoing cost to the County.