Village of Geneseo Board of Trustees Regular Meeting Minutes 2026-05-04
Geneseo Adds Roth Rollover Option To Retirement Plan
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Description
The Village of Geneseo Board approved adding a Roth Rollover option to its employee retirement benefits under the New York State Deferred Compensation Model Plan administered by Nationwide. The enhancement, effective May 4, 2026, comes at no cost to the Village and incorporates SECURE and CARES Act provisions.
Contract Details
Contract Amount
No cost to the Village
Vendor
NATIONWIDE
Agency
Village of Geneseo, NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Renewal Info
Adoption of amended and restated New York State Deferred Compensation Model Plan effective May 4, 2026, including optional Roth and SECURE/CARES Act provisions; ongoing plan with no specific renewal date stated.
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Village of Geneseo Board of Trustees Regular Meeting Minutes 2026-05-04
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