During the meeting of the Marshall City Council on Monday, July 16, City Administrator David Haugland explained to the council there is a better option for city employees to invest in their retirement.
Haugland said he has been a member of the IMCA Retirement Corporation’s Deferred Compensation Plan for many years.

Haugland explained this program gives employees many opportunities to plan for their own retirement. He said the employee can take their risk as low as they want to as high as they want, and it all will be available online.

Haugland explained it gives the employees a lot of flexibility and the ability to assist with their retirement.
After Haugland answered a couple of questions from council members, the council voted to adopt the resolution.