Laserfiche WebLink
rrn:o^ wP�- I ;} i ,f ev. j zsv/ <br />AGENCY NAME: — CITY OF SANTA ANA _..... _. .___. v_.EMPLOYER NO. _ 137 <br />SAFETY MEMBERS <br />PRESENT BENEFITS SECTION 20461.6 <br />1978 ASSUMPTIONS PROPOSED BENEFITS <br />1978 ASSUMPTIONS <br />A. VALUATION SPECIFICATIONS <br />1. Actuarial data as of 6/30/80 <br />2. Formula <br />Full 2% @ 50 <br />Full 2% @ 55 <br />3. Final Compensation Average <br />3 Years <br />3 Years <br />4. 1959 Survivor Benefts <br />Yes <br />Yes <br />5. Post-reitrement Survivor Benefits <br />Yes <br />Yes <br />6. Military Service Credit <br />Yes <br />Yes <br />B. AGENCY NORMAL COST CONTRIBUTION RATE <br />FOR CURRENT SERVICE (as % of member <br />payroll ��~_ <br />a. Retirement benefits <br />18.306% <br />A 12.455% <br />b. Death benefits <br />0.03$x__ <br />__ 0.036% <br />C. 1959 Survivor benefits <br />_n_ <br />_n_ <br />C. TOTAL AGENCY NORMAL COST CONTRIBUTIONS: <br />D. ACTUARIAL VALUATION FEE <br />E. ACTURIAL VALUATION DATE: June 5, 1981 <br />KISUK YANG, <br />CHIEF ACTUARY <br />344% <br />12.491 <br />$ 653.00 <br />