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Agmt_1967_November 13
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Agmt_1967_November 13
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__ ___ _ T~ _ ~ ~-x.~~ <br />r- ~. <br />~ ,mac <br />r' \(~ <br />CONTRACT OF CITY OF SANTA AID <br />WITH THE STATE EMPLOYEES' RETIREMENT'. SYSTEM <br />• FOR MAKING A VALUATION AS STATED H1~iET_N <br />By this ..:AGR~M~'~`-' _ made ,this -. f day of` , in <br /><< <br />accordance with and subject to the provisions of the St to Employees Retirem~u mow, <br />by and be~reen„the ---CITY' COUNCII, _. _ of the CITY OF SANTA" ANA ~ ` <br />hereinafter referred to as A~ency,• 'aiid the State Employees' Retirement 'Syate~u°here- --•-~ <br />inafter referred to as System, Agency and System agree as follows: <br />A. Agency herewith retains the .services of System to perform, as of September 1,:1967 <br />the valuation required by Sectioh 20461.1 of the State Employees' Reti.rement~Law °~ <br />for the purpose of determination by-the Board. of Administration of the State <br />Employees' Retixeinent System of theeontributions to be made by Ageney.under <br />Agency's contract with said Board if the benefits under said contxact,'descrbed in <br />the attached Exhibit A, are changed as follows: <br />Change: item: (s) .:. $.0~ ;,and, _$.07 from the: <br />_ description in ib3t"A tb the description in~the attached Exhibit'B. <br />B. Agency will pay $ .~ ....,,. ._ to System upon completion of-the valuation., <br />such fee Being based on the number of persons and membership categories involved. <br />C. Any and all date,~and information requested by System from Agency for use in' <br />compilation oP this valuation: shall be furnished to System by Agency'upon~request <br />by~Syatem. The actuarial tables and procedures to be used in the valuation"sha11, <br />be i:n accordance with"the tables approved by said Board of Administration. system <br />,.sha7.]. have solecontrol of~~the valuation and its. judgment in the determination <br />,thereof shall be~ final and "conclusive. AlI worksheets and final results and <br />reports, the product of the, valuation, shal]. be and remain the property of..the <br />System. <br />Witness our hands. the, day and'year first above written. <br />STATE EMPLOYEES' RETIR~~fiiT SYSTEM CITY OF SANTA-ANA <br />illiam~ E. `Payne, Exec five firer "_ <br />I'TI'LE~ZTice , a„X.or ~ ' <br />~'EE not. to exceed ~l~.00 _ '- - _.. <br />per each retired member. ~~ +~ 3t~ ~~ ~~ <br />~r.LVI~ ~nbt,~~V ~,,r ~ , r <br />Amendment ~~:c;ti~ti~n"~~ ` Ret. Form X24-A SERS (3/65) S00' <br />
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