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<br />l1f-:..--.'- <br />. . <br /> <br />. . <br />p.cI"2-a.of: "iiQINISTRATIOIol <br /> <br />. r <br /> <br />@'Ee"l~D <br />~,,; fit <br />."', DEe 13 \950 <br /> <br />STATE OF CALIFORNIA :ta~ <br />BOARD OF ADMINISTRATION <br /> <br />. . <br /> <br />EARL W. CHAPMAN <br />axaCUTlvK o....[CKIII <br /> <br />JOHN R~ CORNWELL. PRU[D1I:NT <br />H. H. BJl:NIEPICT <br />RALPH H. COWING <br />JAM!!S D!!AN <br />DONALD GALLACilHEJI <br />THIl:ODOR!! H. J':NNER <br />WALTER C. KENNEDY <br />HAROLD H. ROBINSON <br /> <br />'-' <br /> <br />RALPH R. NELSON <br /> <br />ACTUARY <br /> <br />ECWARD K. COOMas <br />A..I.TART IEXIECUTIV. 0....11;.1' <br /> <br />LAUREN C. HAIGHT <br />ASS'STANT ILcTUILRY <br /> <br />'tate ~mpln~ees' ~etirement '~stem <br /> <br />1320 K STREET <br />SACRAMENTO 14 <br /> <br />PLEASE DIRECT YOUR REPLY TO SECTION <br /> <br />R...1Il: TO MEM..R ACCOUNT NUMSER <br /> <br />corlTRACT OF <br /> <br />CITY OF SANTA ANA <br />(Name of Public Agency) <br /> <br />with the <br /> <br />Firm of CCl',TES, HERFURTH and ENGLAND, CONSULTING ACTUARIES, for <br />making an investication an~ valuation ae stated herein. <br /> <br />1. <br /> <br />This AGREEMENT made this 7th day of D,ce~~;, 19 <;0 , by and between the <br />CITY COUNCIL o' OF SDlTA ANA. <br />-=--- ' <br />hereinafter referred to as Agency, and COATES, t1J\HFURTH and ENGLAnD, a co-partneI'- <br />ship composed of Carl E. Herfurth and Arthur W. England, Consulting Actuaries, <br />hereinafter referred to as Actuaries. <br /> <br />WITNESSETH: <br /> <br />2. Agency heretvi.th engages and retains the services of. Actuaries for the following <br />work: <br /> <br />a. To make as of June 30, 1950, with reference to persons \7ho have been <br />and are members of the state Employees' Retirement System with credit <br />for servi.ce rendered as employees, the investigation and valuation <br />provided for i.!'l Section 20127 of the State Employees' Retirement Law, <br />the results of said investigation and valuation to be the basis of <br />determination by the Board of Administration of any necessary adiust- <br />ment in the contributi.ons required of agency under the contract be- <br />tllfeen its legislati.ve body and said Board. <br /> <br />b. To make as of June 30, 1950, such valuation of assets and liabilities <br />as may be necessary to determine the contribution which would be re- <br />quired of ~gency if it subjected itself and its employees to the oonend- <br />menta to the Retirement Law as outlined in paragraphs A, B, AND C. of <br />Form 559 which is attached to this contract and made a part hereof. The <br />Actuaries f reports with respect to said amenctnents shall be as follows: <br /> <br />One report re: <br />One report re: <br />Cne report re: <br /> <br />Paragraph A AND B of <br />Paragraph C " <br />Paragraph ------ " <br /> <br />F',Jrm. 555'. <br />n II <br />tl It <br /> <br />F 424 - 1 10-50 2000 <br />