Page 20 - DCAC February 2023 Files

than end of the 2022 to assist in documenting
776970- County of San Mateo 401(a)
02 Retirement Plan
your administration of those provisions that
went into effect in 2020.
*Deadline for governmental plans is 90 days after
close of 3 regular legislative session of the legislative
rd
body with the authority to amend the plan that begins
after December 31, 2023.
401(a) PS Active Pre-Approved Plan document is current with recent adoption BBA Hardship Interim Amendment
of the Cycle-3 Restatement. Cycle-3 Restatement – April 1, 2022
Required Interim Amendments targeted mailing
is week of November 28, 2022 for past
legislation.
 SECURE Act/CARES Act/SECURE Act
and Other Legislation
Although the IRS extended the deadline* for
adopting these amendments, Empower is
encouraging that plan sponsors adopt no later
than end of the 2022 to assist in documenting
your administration of those provisions that
went into effect in 2020.
*Deadline for governmental plans is 90 days after
rd
close of 3 regular legislative session of the legislative
body with the authority to amend the plan that begins
after December 31, 2023.
3