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CONTRACT OF CITY OF SANTA ARIA <br />WITH THE STATE EMPLOYEES' RETIREMENT SYSTEM <br />FOR MAKING A VALUATION AS STATED HEREIN <br />By this AGREEMENT made this ,`�c5'd day of Al, 9 Z,_, in <br />accordance with and subject to the provisions of the State Employees' Retirement Law, <br />by and between the CITY COUNCIL of the CITY OF SANTA APIA <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 March 1. 1966 <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 />Add <br />Mm -gm item W 7.06 (for inclusion of Section 20814.5) from the <br />description in Exhibit A to the description in the attached Exhibit B. <br />B. Agency will pay $! >E 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 <br />BYd i /�,�Z5& g <br />,W111JAM E. Fayne;,KXecgVve Officer <br />Fee not to exceed <br />x`5.00 per employee valued, <br />Amendment <br />CITY OF SANTA A11A <br />Ret. Form 424-A SERS (3/65) 500 <br />