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<br />. <br />BOARD OF ADIIINI!HRATION <br />._ tf_ <br />-/ THOS. E. STANTON, PRESIDENT <br />H. H. BENEDICT <br />JOHN R. CORNWELL <br />DONALD GALLAGHER <br />JOHN J. HAMLYN <br />JOHN F. HASSLER <br />WALTER C. KENNEDY <br />JOSEPH H. STEPHENS <br /> <br />e <br /> <br /> <br />. <br /> <br />EARL W. CHAPMAN <br />EXECUTIVE SECRETARY <br /> <br />RALPH R. NELSON <br />ACTUARY <br /> <br />STATE OF CALIFORNIA <br />~fat~ ~mplnll~~s' ~~fir~m~1tt ~llst~m <br /> <br />102 STATE OFFICE BUILE:SING-No. I <br /> <br />TENTH AND L STREETS <br /> <br />SACRAMENTO (14) <br /> <br />City of Sa.nta Ana <br />Ca.lifornia <br /> <br />March I, 1944 <br /> <br />Gent lemon: <br /> <br />Attention of Wm. C. Jerome, City Auditor <br /> <br />Enclosed is F 109 to be used in requestin.~, ~';.s llrovidod in Sectio;1 58'0 <br /> <br />of the State Employees' Retir3ment Act. a quotation of the al)proximatc contdbution <br /> <br />to '00 required of you if :'OU participa'to in the State Employees' Retirement System. <br /> <br />A soco~lcl copy is enclosed for your file. <br /> <br />The Retirement Act fixes the minimum ase at ,.'hich voluntary service 1'0- <br /> <br />tire!rlCmt is permitted for employees other than City Firemen and City Policemen. <br /> <br />The volunta.ry service retirement age for City Firemen and City Po Hcemen; hoV'rever, <br /> <br />ma.y be any age from 55 to 60 years, both inclusive. Designation in F 109 of a <br /> <br />minimum age, or ages. if a valuation under morc than one age io desired, is for <br /> <br />valuation purposes only. The contribution rr>'ich '[rill be r0qnired of the subcli- <br /> <br />vision depends directly on the minimuIIl aL;e at which VoluIl.tary service retirement <br /> <br />is penrri tted. The minimum aGe finally selected in the lie;ht of the valuation <br /> <br />results vdll '00 fixed in the contract betvieen th6 subdivision and the Board of Ad- <br /> <br />ministration. <br /> <br />Upon the receipt of this form properly completed, a statement of the cost <br /> <br />of the investi!~:ation and valuation required in the dcterr.1ination of the approximate <br /> <br />oontribution will be fOl"irardecl. <br /> <br />Y01-J.rs truly, <br /> <br /> <br /> <br />SYSTErt1 <br /> <br />--.. <br /> <br />F 110 12-39 100 <br />