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1971- Valuations
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PERS Contract & Amendments File 2 of 3
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1971- Valuations
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7/23/2015 11:10:34 AM
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Board of Administration <br />Public Employeest'Retirement System <br />Sacramento, California <br />The CITY OF SANTA ANA hereby requests the documents necessary <br />(Name of Agency <br />to amend its contract with the Public Employees' Retirement System as shown in "A" below. <br />A. Amendments desired: <br />Section of Retirement Law Description of Benefit <br />Providing 2% at age 50 formula (instead of 1/2 at age 55) for local <br />safety members. <br />B. Anticipated schedule of agency actions <br />1. Adoption of Resolution of Intention to amend contract <br />with the Public Employees' Retirement System. <br />2, Employee election. <br />3. First reading of ordinance to adopt amendment to <br />PERS contract. <br />4, Final reading of ordinance. (Must be at least 21 days <br />after Resolution of Intention.) <br />5, Effective date of ordinance. <br />6. <br />Date <br />Effective date of PERS amendment. (Must be the first <br />day of a payroll period subsequent to the effective <br />date of the ordinance.) <br />NA <br />TITLE <br />Ret. Form 121(a) (ordinance) 5/69 <br />
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