My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
PUBLIC AGENCY RETIREMENT SERVICES (PARS) - 2020
Clerk
>
Contracts / Agreements
>
P
>
PUBLIC AGENCY RETIREMENT SERVICES (PARS) - 2020
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/20/2024 11:32:07 AM
Creation date
6/23/2020 8:58:21 AM
Metadata
Fields
Template:
Contracts
Company Name
PUBLIC AGENCY RETIREMENT SERVICES (PARS)
Contract #
A-2020-119
Agency
Finance & Management Services
Council Approval Date
6/2/2020
Expiration Date
6/30/2027
Insurance Exp Date
7/30/2023
Destruction Year
2031
Notes
For Insurance Exp. Date see Notice of Compliance; A-2016-170,A-2016-375, A-2016-170-01
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
84
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
(e) Notifying the Investment Fiduciary of the amount of Assets in the Trust available for <br />further investment and management by the Investment Fiduciary; <br />(d) AlIocating contributions, earnings and expenses to the Trust; <br />(e) Directing the Trustee to pay insurance premiums, to pay the fees of the Trust <br />Administrator and to do such other acts as shall be appropriate to carry out the intent <br />of the Trust. <br />(f) Such other services as the Agency and the Trust Administrator may agree. <br />3.6 Additional '.Trust Administrator Services. The Plan Administrator may at any time retain <br />the Trust Administrator as its agent to perform any act, keep any records or accounts and make any <br />computations which are required of the Agency or the Plan Administrator by this Trust Agreement <br />or by the Agency's Plan, The Trust Administrator shall be separately compensated for such service <br />and such services shall not be deemed to be contrary to the Trust Agreement. <br />3.7 Trust Administrator's Compensation. As may be agreed upon from time to time by the <br />Agency and Trust Administrator, the Trust Administrator will be paid reasonable compensation for <br />services rendered or reimbursed for expenses properly and actually incurred in the performance of <br />duties with respect to the Trust in accordance with Section 53217 of the California Government <br />Code, <br />3.8 Resignation or Removal of Trust Administrator. The Trust Administrator may resign at <br />any time by giving at least one hundred twenty (120) days written notice to the Plan Administrator <br />and the Trustee. <br />ARTICLE IV <br />TRIISTI VS DUTIES <br />4.1 Powers Subject to .Duties. The Trustee shall exercise any of the foregoing powers from <br />time to time as required by any applicable federal or state law. <br />4.2 Records. The Trustee shall maintain or cause to be maintained suitable records, data and <br />information relating to its functions hereunder. The Trustee shall keep accurate and detailed <br />accounts of all investments, receipts, disbursements and other actions hereunder, Its books and <br />records relating to the Trust shall be open to inspection and audit at all reasonable times by the <br />Agency, the Plan Administrator or their duly authorized representatives. <br />4.3 Accounts, Withn ninety days after the close of each Plan Year and within ninety days <br />after the resignation or removal of the Trustee as provided in Article VI hereof, the Trustee shall <br />render to the Agency a written account showing in reasonable summary the investments, receipts, <br />disbursements and other transactions engaged in by the Trustee during the preceding Plan Year or <br />accounting period with respect to the Trust. Such written accounts shall set forth the assets and <br />liabilities of the Trust. The Agency or Plan Administrator shall have ninety days after the Trustee's <br />mailing of each such written account within which to file with the Trustee written objections. Upon <br />the expiration of each such period, the Trustee shall be forever released and discharged from all <br />�l <br />
The URL can be used to link to this page
Your browser does not support the video tag.