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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
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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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With respect to management and control of investments, the Employer shall have <br />the power to direct the "Trustee in writing with respect to the investment of the Trust <br />assets or any part thereof, <br />Expenses and fees in connection with the administration of the Plan and the Trust <br />shall be paid from the Trust assets to the fullest extent permitted by law, unless the <br />Employer determines otherwise. In accordance with Section 53217 of the California <br />Government Code, the Employer may elect to make contributions to the Trust sufficient <br />to defray the expenses of administering the Plan or may pay such expenses directly. <br />5.2 AmendmentandTermination, <br />The Employer shall have the right to amend, modify or terminate this Plan at any <br />time. The Employer shall not be liable for the payment of any benefits under this Plan <br />and all benefits hereunder shall be payable solely from the assets of the Trust. <br />NBI:56077.3 55 ^ -5Q <br />
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