Laserfiche WebLink
<br />I. 't'.. . <br /> <br />i <br /> <br />'-' <br /> <br />....." <br /> <br />CltfY ~F ':;:-J'!T.A.. ':..NA <br /> <br />This Summary refers t~ <br />the Valuation under <br />II. Agency's Contract <br />Modified by Proposed <br />Amendments described in <br />attached statement, <br />F 591 and bearing the <br />1950 following numbers in <br />that statement: L.(.:J&;i <br /> <br />Agency Number 1 :'.'7 <br /> <br />COATES, HERFURTH & ENGLAND <br />CONSULTING ACTUARIES <br />225 CROCKER BLDG. - SA."I FRl\.NCISCO 4 <br />CALIFORNIA <br /> <br />Summary ~ Public Agency Valuation ~ ~ July 1. <br /> <br />Agency Name <br /> <br />Miscellaneous Data <br /> <br />1.** Minimum Normal Age at Voluntary <br />Service Retirement <br /> <br />Local Safety <br />Members <br />55* <br />~ <br /> <br />Misc. <br />Members <br />60 (1/60)* <br />6;;ql~*, <br /> <br />Tot a 1 <br /> <br />7. Annual Members' Contrib. <br />% Payroll <br /> <br />Net Benefits. All Members <br />28.** P.V.~~ all Net C.S. Benefits other than Ord. Death <br />Less Agency Accum. Contribs. on hand <br />Balance to be provided by Agency <br />% P.V. of Future Salaries <br /> <br />29. P.V. Net Ord. Death Benefits <br />Less Agency Accum. Contribs. on hand <br />Balance to be provided by Agency <br />% P.V. of Future Salaries <br /> <br />P.V. Prior Service Benefits <br />Less Agency Accum. Contribs. on hand <br />Balance to be provided by Agency <br /> <br />Annual Installment to provide (28) <br />% of Annual Salaries <br /> <br />2. <br /> <br />3. <br />5. <br />6. <br /> <br />30. <br /> <br />31. <br /> <br />32. <br /> <br />33. <br /> <br />34. <br /> <br />Number of Members (a) On Duty <br />(b) Not on Duty <br /> <br />Annual Salaries, members on duty only <br /> <br />Number of Retired Members <br /> <br />Annual Prior Service Pension <br /> <br />AG!i:NCY CrnITTi.IHUTIOnS IJ i.;('~.7'.r{;\.(;T <br /> <br />A.'ME}IDl~D A,SABOYB TO C01fi..;{ R~,;TI}(L~D <br />--....- <br /> <br />MEMB i;;RS . <br />-- <br /> <br />Annual Installment to provide (29) <br />% of Annual Salaries <br /> <br />Total Annual Installment, Curro Servo '(31 and 32) <br />% of Annual Salaries <br /> <br />'../} <br />, ~ <br />j / <br />/1 " -., ^. <br />T:,f : <br /> <br />~54 5"" ^O' <br />9 . ,J,).V <br />5.0'?1 <br /> <br />* <br />** <br />*** <br /> <br />Annual Installment to liquidate Prior Service (30) in <br />~ years, i.e., Balance of period originally selected ~6~~29J.~;~ <br />% of Annual Salaries I _. f) r". '-"" <br />COA'rE7TF'~.RTH / &; ENGLAND I' t,' ..., '.; , <br /> <br />.',ly m., .1951 /~~ <br /> <br /> <br />same numbers as in previous revaluation summaries <br /> <br />Cross out one. <br />Items bear the <br />Present Value. <br /> <br />F 3220 5-51 lSOO <br />