Agenda Item Details

LeTort Trust Service Fee Addendum Amendment

Number:
140/2019
Department:
Managers Office
Description:
LeTort Trust Service Fee Addendum Amendment

The Board is being asked to consider the amendment of the fee schedule for the monthly administrative services provided by LeTort Trust in support of the Non-Uniformed Pension Plan from $1,500.00, established in 2006, to $1,750.00. In addition, the fee schedule provides for the costs of administering roll-over funds from another qualified pension plan into the Township's Pension plan to be covered by the participant.

Motion to approve the Fee Schedule with LeTort Trust for the Non-Uniformed Pension Plan providing for adjustment in the administrative services fee and the provision of roll-over funds into the Township Pension Plan.
Discussed at meetings:
Meeting BOSREG - 3/2019 on 4/4/2019 by Board of Supervisors - Regular Meeting Status: Finished
Topic: Administration - Chairman Manipole
Minutes: No.15
LeTort Trust Service Fee Addendum Amendment

The Board is being asked to consider the amendment of the fee schedule for the monthly administrative services provided by LeTort Trust in support of the Non-Uniformed Pension Plan from $1,500.00, established in 2006, to $1,750.00. In addition, the fee schedule provides for the costs of administering roll-over funds from another qualified pension plan into the Township's Pension plan to be covered by the participant.

Motion to approve the Fee Schedule with LeTort Trust for the Non-Uniformed Pension Plan providing for adjustment in the administrative services fee and the provision of roll-over funds into the Township Pension Plan.
Votes: Yes 3 , No 0 , Abstain 0