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Letter_1946_August 21_SERS
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Letter_1946_August 21_SERS
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Last modified
10/21/2013 11:34:45 AM
Creation date
9/25/2008 4:35:21 PM
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City Clerk
Date
8/21/1946
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r • ~ . i <br />' 1 2 3 4 <br />Employees <br />other than <br />Local Firemen Totals of <br />Local Local and local Columns <br />Firemen Policemen Policemen 1,2, & 3 <br />14. Present Value of Gross Service <br />Pension, Prior Service, (Service <br />Retirement described in Ttem 5 <br />on pages 6 and 7 of Retirement <br />Law Pamphlet ~1~36,108,84 X22?,228.76 <br />Percentage of Present Value <br />of Future Salaries 15.525 21.24? <br />15. Present Value of Additional <br />Guaranteed Pension, Prior <br />Service, (Service Retirement <br />described in Section 21258 <br />on page 52 of Retirement <br />Law Pamphlet) 0 0 <br />w~453.880.40 X86?,218.00 <br />11.04.2 <br />51,960.48 <br />Percentage of Present Value <br />of ~.iture Salaries 1.2~ <br />16. Present Value of Gross <br />Ordinary Disability Retire- <br />ment Allowances, Prior Ser- <br />vice, (Includes Ordinary <br />Disability Benefit for em- <br />ployees in Column 3, payable <br />at both Ordinary and Indus- <br />trial Disability, not in lieu <br />of weekly indemnity under <br />State Compensation Law. Bene- <br />fit described in Item 7 on <br />pages 8 and 9 of Retirement <br />Law Pamphlet) 2, ?19.13 2,236.83 16,995.33 <br />Percentage of Prese:it Value <br />of Future Salaries .22? .209 .413 <br />1~TL'T PRESF,1dT VAi,UES OF BENEFImS TO BE PROVIDED FROM; <br />AGEdCY~S COidTRIBUTIOidS, AND A:y'NUAL CONTRIBUTIONS REQUIRED <br />OF AGEi3CY TO PROVIDE SAID BEiTEFITS <br />17.. Present Value of Net Ordi- <br />nary Death Benefits, i.e., <br />Gross B~;nefit from Item 9, <br />minus Employees Contributions <br />13.595 <br />51,960,48 <br />.815 <br />21,951.29 <br />.344 <br />F'119a--5 11-45 400 <br />
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