FROM: Amy McInerny, Chief Financial Officer
SUBJECT: Benefits Policy No. 023 (Adjustment to the Pensionable Compensation Limit Policy)
RECOMMENDATION:
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Recommend that the Board approve and adopt updates to Benefits Policy No. 023 (Adjustment to the Pensionable Compensation Limit Policy).
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BACKGROUND:
General Policy No. 005 involves the periodic review of Board policies and indicates that the review shall be every three years.
Pursuant to General Policy No. 005, staff has conducted a review of Benefits Policy No. 023 (Adjustment to the Pensionable Compensation Limit Policy) and recommends no changes.
BUDGET IMPACT:
None.
STRATEGIC PLANNING GOAL/OBJECTIVE:
Operational Excellence & Efficiency
STAFF CONTACT:
Amy McInerny
ATTACHMENTS:
Exhibit A: Benefits Policy No. 023 (Adjustment to the Pensionable Compensation Limit Policy)