Amend Retirement Plan for the City of Carmel_Amendment #4_ AMENDMENT NUMBER FOUR
TO THE
CITY OF CARMEL
RETIREMENT PLAN
EFFECTIVE DATE: February 21,2017
The CITY OF CARMEL RETIREMENT PLAN, originally effective January 1, 2000, and restated in
its entirety effective January 1, 2013, is hereby amended as follows:
By deleting Plan Section 5.03 of Article IV in its entirety and by substituting in lieu thereof the
following:
5.03 In-Service Distribution.
(A) A Participant who has attained age 70 1/2 and who has not separated from
service may elect to receive a distribution of all or a portion of his Individual
Participant Account.
(B) A Participant who is a sworn officer of the Carmel Police Department who has
attained age 52 and who has not separated from service may elect to receive a
distribution from the portion of his Individual Participant Account attributable to
Non-Elective Contributions.
CITY OF CARMEL, INDIANA has caused its name to be signed by its duly authorized officer to
evidence adoption of this Plan amendment as of the date designated below.
CITY OF CARMEL, INDIANA
By_
Title. • Signature Page Attached
Date --
•
G36865 MP
Y r
CITY OF CARMEL, INDIANA
By and through its Board of Public Works and Safety
Ames Brainard, Presiding Officer Date
3/1//7
Mary nn Burke, Member Date
--6 , 7
Lori S. Watso I ember Date
ATTEST:
Cam- , � -C7 3 li�i
C y, Clerk-reas rer Date