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. >~ _~. <br />• <br />COATES, HERFURTH & F;NGLAND <br />CUNSUL~i'ING ACTUARIES <br />225 CROC.KEFt BUILllING <br />SAN b'RANCTSCO 4, CALIb'ORNIA <br />CITY OFSANTA ANA <br />~i~~~~, <br />-. <br />~~ ~,~ <br />AUG 2 ..~ 1955 <br />CITY OF SANTA ANA <br />AGENCY N0. 137 <br />ACTUARIAL VALUATION AS OF JUNE 30, 1954 <br />UPJDER AGENCY CONTRACT AMEND:fJD AS P1'R PIyRAGRAPH <br />D (12) FORM 559 <br />PRESETuT VALUES OF BENEFITS TO BE FUNDED BY 1! GENCY <br />1 • CURRENT SERVICE +BENEF ITS EXCEPT `ORDINARY DEATH r Y <br />LESS EIGENCY CON`l'RIBU'PIONS Olu HANL $1, 719, 633.30 <br />364, 239. 14 <br />BALANCE TO BE PROVIDED BY AGENCY I+'UTURE CONTRIBUTIONS $1, 355, 394. 16 <br />$ 97, 135.02 <br />44,020.58 <br />BALANCE TO BE PROVIDED BY I'~GENCY FUTURE CONTRIBUTIONS $ 53, 114.44 <br />3. PRIOR SERVICE BENEFITS $1, 577, 942.64 <br />LESS AGEi'VCY CON`i'RIBUTIGNS ON HAND <br />185,212.39 <br />BALANCE TO BE PROVIDED BY AGENCY CONTRIBUTIONS $1,392, <br />730,25 <br />2. ORDINARY DEATH BENEFITS <br />LESS AGENCY CON~i'RTBUlIONS ON HAND <br />FUTURE CONTRIB_UTIQNS RE~.UIRED OF AGENCY TO FUND_ BENEFITS <br />4. PERCENTAGE OF MEMBERS^SALT~RIES TO~F'UND'BALANCE IN ITEM #1 <br />5. PERCENTAGE OF MEMBERS SALARIES TO FUPdU BALANCE IN ITEM #2 <br />6. TOTAL PERCENTAGE OF MEMBERS SAI.~ARTES ITEM ~4 PLUS IFS <br />EFFECTIVE ON COI'1TRIBUZ'IONS TO SYSTEM Ali'TER 6/30/5S <br />7 • Al`rNUAL COFdTRIBUTION TO FUND BALANCE IN ITEM ~'3 F'OR <br />REMAINING PORTION OF PRIOR SERVICE LI~UTDATTOIV PERIOD <br />EFFECTIVE ON CONTRIBUTIONS TO SYSTEM AFTER 6/30/55 <br />9.280% <br />.364% <br />9.644% <br />$ 97, 031, 63 <br />8. ESTIMATED TOTAL ANNUAL CONTRIBU`1'ION BASED ON 6/30154 SALARIES <br />CURRENT SERVICE BENE'F'ITS $133, 184.41 <br />PRIOR SERVICE BEN~'ITS 97, 031.63 <br />TOTAL $230, 216, 04 <br />COATES,HERFURTH & ENGLAND <br />CONSULTInTG ACTUARIES <br />° ~I <br />BY ~ `~ <br />Her y C . Ra din <br />ti~ <br />