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Adoption of the Restatement of the City of Rochester Hills Group Pension Plan
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Resolved that the Rochester Hills City Council adopts the Restatement of the City of Rochester Hills Group Pension Plan as presented, attached hereto and incorporated by reference, and as required by the Internal Revenue Code and related Internal Revenue Service regulations to maintain the status of the plan as a qualified plan and to modernize the language, correct clerical errors, improve descriptions, and incorporate resolutions and references to approved provisions of labor agreements, state law changes, and administrative policies.