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Deferred compensation plan amendment

Johnson City School District
Detected
Oct 12, 2026
22 days ago
Sector
Payroll and Pension
Est. value
Free account
Detected 22 days agoOct 12

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From the meeting

The board packet sought approval of an amended and restated State of Tennessee Deferred Compensation Plan II 401(k) agreement. The change was needed so the superintendent's contract could continue the extra $1,200 annual contribution starting October 1, 2026. The amendment also specified a 5% non-matching contribution for hybrid-plan employees and no matching contributions.

This is a pension/benefits administration change with a known effective date.

Meeting date
October 12, 2026
Agency
Johnson City School District

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