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1971- Valuations
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1971- Valuations
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Public Employees' Retirement System Actuarial Report A <br />Agency CITY OF SANTA ANA <br />„�- 0137 <br />Name Employer Number <br />1971 <br />� FACTORS _ Combined Fire and. Police <br />A. Valuation specifications: <br />1. Valuation "as of” date 6/30/70 <br />2. Formula <br />Present Formula Proposed Formula <br />___._.__..�_ <br />Aj <br />1/2 @ 55 2% @ 50 <br />3. <br />Minimum Monthly Service Retirement Benefit <br />1100 <br />$100 <br />4. <br />1957 Survivors <br />Yes <br />Yes <br />5. <br />1959 Survivors <br />Yes <br />Yes <br />6. <br />One-half continuance <br />No <br />No <br />B. Agency contribution rate .for current <br />service (as % of member payroll) over <br />30 year funding period: <br />a. For retirement benefits <br />b, For death benefits <br />c. For 1959 Survivors <br />d. Total current service rate <br />C. Agency contribution rate for nrior <br />service (as % of member payroll) mases <br />until 6/30/77 <br />D. Total Agency Contributions: <br />a.. Total. Agency Contribution Rate <br />b, Annual. Member Payroll <br />c. Annual contributions based on <br />member payroll. <br />September 16, 1971 <br />9.667% <br />0.095 <br />0.02®_ _ .. <br />17.154.% <br />0.083 <br />0.022_ _ <br />7.29%.aa.._._..._._ <br />1.145% 1.603% <br />10.934% <br />60 110, 852 <br />X449,481 <br />18.862% <br />$4,073,616 <br />$768,365 <br />KI"UK 'YANG l✓ U <br />A 7TU F Y <br />
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