Voluntary Deferred Compensation. 1. Unit employees covered herein may voluntarily participate in City- sponsored deferred compensation plans. 2. The City does not warrant that amounts deposited in the deferred compensation plans are "qualified" for tax deferral and is not to be held liable for such tax payments as may be determined assessable.
Appears in 2 contracts
Sources: Memorandum of Understanding, Master Memorandum of Understanding