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PUBLIC AGENCY RETIREMENT SERVICES (PARS) - 2020
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PUBLIC AGENCY RETIREMENT SERVICES (PARS) - 2020
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Last modified
8/20/2024 11:32:07 AM
Creation date
6/23/2020 8:58:21 AM
Metadata
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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
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4.5 kgrcha,se of Service Credit. <br />I.f a Participant is also a participant in a defined benefit governmental plan (as <br />defined in Code Section 414(d)), such Participant may request that the Employer transfer <br />amounts from his or her Account for (a) the purchase of permissive service credit (as <br />defined in Code Section 415(n)(3)(A)) under such plan, or (b) a repayment to which <br />Code Section 415 does not apply by reason of Code Section 415(k)(3). Such transfer <br />requests shall be granted in the sole discretion of the Employer, and if granted, shall be <br />made directly to the defined benefit governmental plan. <br />NBIr56,15773 55/A1-56 <br />
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