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Letter_1945_April 24_SERS
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Letter_1945_April 24_SERS
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Last modified
10/21/2013 11:34:44 AM
Creation date
9/25/2008 3:46:24 PM
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City Clerk
Date
4/24/1945
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<br /> <br />8. Present Value of Pu+.ure <br /> <br />1 2 3 ~~ <br />E'mpl ogees <br />City City Other than 't'otals <br />}'iremer~ }'olicemen C.'t.y I'~.reznen of Gol:?. <br />a.r~ City 1,2 and 3 <br />Policemen <br />Contributions, based ~n <br />z~rL~~ interest, which will be <br />credited to employees at <br />d. 41:it1'idra~~ral from Service 3+06$.2$ X2,772.72 X14,770.80 ~20,6I1,80 <br />e. Ordinary Death 17,539.44 14,407,08 29,691.72 61,638.24 <br />f. Ird~.zstrial Death 5,3?4.68 4,609.32 0 9,984.00 <br />g. Ordinary Disabi.iity <br />Rvtireraer~t 4,3$7.68 3,539.?6 6,513,44 14,540.88 <br />h. Industrial Disability <br />Retirement 13,056.48 10,528.68: 0 23,585.16 <br />i. Sorv~.ce netirvzrzent 87,158.52 76452.48 136,269.48 299,880..48 <br />j. Tntr:Ll of (d) to (i),inc1.130,585.08 X112,310.04 X187,345,44 X430,240.56 <br />C-R06S PR.~SDpdT VAIL~ES Ors b~'I~rEFSl^.> `1'0 ~E <br />PROVIDED F'ROi~~ S t3BD iii IS :OPT t S AIdD EP:~f'?..OYLES' C C)I f`l~;^.~IB ~J`i` 1~ ObS <br /> <br />~). Present `'slue !'cross Ordinary <br />Death 3enefit (Includes <br />Ordinary Dvatrz Benefit for <br />Ernployec3s in Column~3, pay- <br />abla at both Ordinary and. <br />Industrial Deaths, which is <br />not in lieu of weekly indem- <br />nity under State Compensation <br />.Lflw. Fienefit described in <br />item c on pa e 7 0:~~ :~.etiremont <br />Act pamphlet 24,368.87 20,031.48 48,393.65 92,794.00 <br />Percentage of Present Value <br />of Ftiiture Salaries 1.532 1.432 1.602 1.544 <br />10. Present Value of Gross Indus- <br />trial Death Allowances (Ben©- <br />fit described in item 8 erz <br />page ~ of R©tirement Act <br />Pamphl9t, ~rhich is in lieu of Included in <br />~vAakly ind.euzrzii;y utzder State preceding <br />Compc~nsr~tion Law) 56,486.04 4.8,998.10 item 9 105,484.14 <br />Percentage of Present Value <br />of :~1.zture salaries 3.550 3.503 1.755 <br />r i 19_3 5-!~0 1a00 <br />
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