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EXHIBIT "B" <br />AGREEMENT <br />AUTHORIZING THE RELEASE OF <br />1959 SURVIVOR BENEFITS ASSETS AND LIABILITIES <br />INTO THE <br />THIRD LEVEL 1959 SURVIVOR BENEFIT POOL <br />BETWEEN THE <br />BOARD OF ADMINISTRATION <br />OF THE <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br />AND THE <br />CITY COUNCIL <br />OF THE <br />CITY OF SANTA ANA <br />WHEREAS, Government Code Section 21382.4 provides for a single employer rate to be established to <br />provide benefits under said Section on account of members employed by contracting <br />agencies electing to include the provision of said Section in their contracts; and <br />WHEREAS, Government Code Section 21382.4, requires pooling of all assets and liabilities of all <br />contracting agencies on account of benefits provided under Article 6, commencing with <br />Section 21380; <br />NOW, THEREFORE BE IT AGREED, that assets and liabilities of the City of Santa Ana and its <br />covered employees, on account of the benefits provided under Article 6, commencing with <br />Section 21380, shall be pooled pursuant to the provisions of Government Code Section <br />21382.4. <br />BOARD OF ADMINISTRATION <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br />BY <br />ACTING CHIEF <br />EMPLOYER SERVICES DIVISION <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br />A i Erja . <br />PERS-CON-59 (Rev. 8/94) <br />CITY COUNCIL <br />OF THE <br />CITY OF SANTA ANA <br />