Private Letter Ruling - Disability Offset

Ordinance No. 1967 - amends the Money Purchase Plan for Peace Officers to add an optional provision from the Pension Protection Act. The optional provision allows disabled or retired peace officers the ability to have up to $3,000 distributed tax-free annually from the money purchase plan in order to pay for insurance premiums for an accident or health plan or a qualified long-term care insurance contract. Wells Fargo will administer the distribution process in compliance with the Pension Protection Act.

Investment Policy

Social Security Administration - Windfall Protection Act
Government Pension Offset