City of Baltimore
Baltimore City Code

§ 8-4. Remaining amounts in Forfeiture Account.

(a) To defray reasonable Plan expenses.

After the end of each Plan Year, any amount remaining in the Forfeiture Account after all Employer Contribution Sub-Accounts are restored under § 8-3 {"Restoration"} of this subtitle will be used to defray reasonable Plan administrative expenses.

(b) Reduction of Employer contribution.

Any amount remaining in the Forfeiture Account after all reasonable Plan administrative expenses are defrayed will be used to reduce the employer contribution required under § 5-3 {"Employer contributions"} of this article for the plan year in which the forfeiture occurred.