Downey

City Council

June 25, 2024 Item #11

Agenda Item 11

11. APPROVAL OF AGREEMENTS FOR TRANSITION OF ADMINISTRATION OF THE CITY’S\nRETIREMENT HEALTH SAVINGS PLAN: Human Resources.\nTHAT THE CITY COUNCIL:\nAUTHORIZE THE CITY MANAGER OR HIS DESIGNEE, TO EXECUTE THE NECESSARY\nAGREEMENTS TO TRANSFER THE ADMINISTRATION OF THE CITY’ S RETIREMENT\nHEALTH SAVINGS PLAN TO VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY.