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<br />• <br />Board of ddffd. nistration <br />State Employe es~ Retirement System <br />Sacramento 14, California <br />Gentlemen: <br />~e Gity C©uncil <br />(such as "City Council," "Board of Supervisors"or "Governing Board") <br />of City ©P Sr~rit~a Anil desires to consider the participation <br />(name of Public Agency) <br />of said Public Agency in the State Employees' Retirement System. Xou, therefore, <br />are requested to furnish a quotation of the approximate, as distinguished from the <br />actual contribution to the Retirement System, which would be required of said <br />Public Agency because of such participation. Before final arrangements are made <br />for the determination of the approximate contribution, we want to know the ap- <br />proximate cost of the investigation and valuation, required in the determination. <br />For the purpose of determining the approximate contribution, it shall be <br />assumed that said participation shall become effective Jan. lst 194, ~, and <br />that the number and classification of the employees whose memberships are contem- <br />plated in said participation, and other pertinent factors, are as follows: <br />1 <br />2 <br />3 <br />Frrc tion of Final Cornperr- <br />sati on or 3 Year Ave,^~.ge <br />Normal Minimum Age Sa]a. ry, Per Year of C~.:~r- <br />for Voluntary rent Service and Prior <br />Classification Number Service Retirement S a vice Respectively <br />1. Local Firemen, as defined <br />in Section 20021 of the State <br />Employeest Retirement Law. 4~ 55 Years <br />2. Local Policemen as defined <br />in Section 20020 of the State <br />Employees' Retirement Law. 5© 55 Years <br />3. Employees other than local <br />Firemen and Local Policemen. 1 91 `~~ Years* <br />*' "60" or "65, " or both, solely for valuation purpos es <br />** "160" or "170" for age 60 or 65, respectively, in Co1.2 <br />As provided in <br />Retirement Law <br />As provided in <br />Retirement Law <br />1/64th ** <br />F109 a-1 10-45 100 <br />