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11-13-67 Valuation
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11-13-67 Valuation
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CONTRACT OF CITY OF SANTA ANA <br />WITH THE STATE EMPLOYEES' RETIREMENT SYSTEM <br />FOR MAKING A VALUATION AS STATED HEREIN <br />By this AGREEMENT made thisI day of , in <br />accordance with and subject to the provisions of the St to Employees' Retirlef ement Law, <br />by and between the CITY COUNCIL of the CITY OF SANTA A1\1 <br />hereinafter referred to as Agency, and the State Employees' Retirement System 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 Section 20461.1 of the State Employees' Retirement Law <br />for the purpose of determination by the Board of Administration of the State <br />Employees' Retirement System of the contributions to be made by Agency under <br />Agency's contract with said Board if the benefits under said contract,described in <br />the attached Exhibit A. are changed as follows. <br />Change item (s) 8.04 and 8.07 from the <br />description in Exnibit�! to the descriF6ionin Tb_e a�:tached 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 data and information requested by System from Agency for use in <br />compilation of this valuation shall be furnished to System by Agency upon request <br />by System. The actuarial tables and procedures to be used in the valuation shall <br />be in accordance with the tables approved by said Board of Administration. System <br />shall have sole control of the valuation and its judgment in the determination <br />thereof shall be final and. conclusive. All work sheets and final results and <br />reports, the product of the valuation, shall be and remain the property of the <br />System. <br />Witness our hands the day and year first above written. <br />STATE EMPLOYEES' RETIREMENT. %SYSTEM -CITY OF SANTA AICA <br />BY BY <br />�. <br />illiam E. -Payne, n.e rec .xive 0 f'i^,er <br />'PITL'E _Vice Magor„ �! <br />*FEE not to exceed $4.00 <br />per each retired member. <br />,1� y <br />Amendment <br />Ret. Form 424«A SERS (3/65) 500 <br />
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