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MassMutual 8/18/2017
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MassMutual 8/18/2017
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Entry Properties
Last modified
10/5/2017 9:28:54 AM
Creation date
10/5/2017 9:28:41 AM
Metadata
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Template:
Contracts
Contractor's Name
MassMutual
Approval Date
8/18/2017
Council Approval Date
8/16/2017
Department
Human Resources
Department Project Manager
Sharon DeHaan
Subject / Project Title
Updated MassMutual 457(b) Plan Document
Tracking Number
0000842
Total Compensation
$0.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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12.5 Employment <br /> Neither the establishment of the Plan nor any modification thereof, nor the establishment of any <br /> account, nor the payment of any benefits, shall be construed as giving to any Participant or other <br /> person any legal or equitable right against the Employer except as herein provided; and, in no <br /> event, shall the terms or employment of any Employee be modified or in any way affected hereby. <br /> 12.6 Successors and Assigns <br /> The Plan shall be binding upon and shall inure to the benefit of the Employer, its successors and <br /> assigns, all Participants and Beneficiaries and their heirs and legal representatives. <br /> 12.7 Written Notice <br /> Any notice or other communication required or permitted under the Plan shall be in writing,and if <br /> directed to the Administrator shall be sent to the designated office of the Administrator, and, if <br /> directed to a Participant or to a Beneficiary,shall be sent to such Participant or Beneficiary at his or <br /> her last known address as it appears on the Administrator's record. To the extent permitted by law, <br /> regulation or other guidance from an appropriate regulatory agency,the Administrator, Employer <br /> or any other party may provide any notice or disclosure, obtain any authorization or consent, or <br /> satisfy any other obligation under the Plan through the use of any other medium acceptable to the <br /> Administrator. Such other medium may include,but is not necessarily limited to, electronic or <br /> telephonic medium. In addition, any communication or disclosure to or from Participants or <br /> Beneficiaries that is required under the terms of the Plan to be made in writing may be provided in <br /> any other medium(electronic,telephonic,or otherwise)that is acceptable to the Administrator and <br /> permitted under applicable law. <br /> 12.8 Total Agreement <br /> This Plan and Participant deferral election, and any subsequently adopted Plan amendment <br /> thereof, shall constitute the total agreement or contract between the Employer and the Participant <br /> regarding the Plan.No oral statement regarding the Plan may be relied upon by the Participant. <br /> 12.9 Gender <br /> As used herein the masculine shall include the neuter and the feminine where appropriate. <br /> 12.10 Controlling Law <br /> This Plan is created and shall be construed, administered and interpreted in accordance with Code <br /> Section 457 and the regulations thereunder, and under laws of the State as the same shall be at the <br /> time any dispute or issue is raised. If any portion of this Plan is held illegal, invalid or <br /> unenforceable,the legality, validity and enforceability of the remainder shall be unaffected. <br /> 35 <br /> GN- 107672 Specimen 457(b)Plan Document <br /> GPLANLVL—CORRSPND Deferred Compensation Plan <br /> Ver 102011 <br />
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