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. ~ <br />BOARD OF ADMINISTRATION <br />'' ~ ' STAT PLOYEES' RETIREMENT SYS~ <br />F ~ ~ ~ D 1320 B STREET <br />SACRAMENTO 14, CALIFORNIA <br />w3~~1~~ ~ 2 9956. INTER-DEPARTMENT CORRESPONDENCE <br />t.. Vic..}... ~y, f ..r <br />IrGLERK CF T 6 COU~ <br />To: <br />City of Santa Ana <br />Attention: Ms. Et ma Hunter <br /> <br />SUBJECT: Valuation report. <br />Date: Mgy $~ 1556 <br />Please Reply to Section____~3_____________________ ______ __ <br />Membership Number___________________________________ <br />to have been informed by the Consulting Actuaries that if the City <br />of Santa Ana should include the provisions of AB570 in their contract <br />that the prior service installment will be increased by X6,192.9? <br />annuallyi making the annual pMor service installment ~90~201.1.~5. <br />The current service rate would increase to 6.550. If you wish to <br />avail yourselves of these amendments please let us know. <br />1?e are enclosing in dupl3.cate~ the bill of the Consulting Actuaries <br />for their services 3•n making this report. <br />If you have any questions please do not hesitate to wrI.te. <br />~ .r <br />TI~?MAS F. C RO CKE~i <br />ASSISTANT ACTUARY <br />me <br />encl. <br />,~ <br />F; Y ~ .' <br />RET. FORM 229 (REV. 4.59) <br />2Q808 ii-80 26M SPO <br />