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HomeMy WebLinkAboutLetter_1951_June 29_SERS cc Ruby Bush BoARD OF AD1IlNISTRATlOK '- F I L'1t D _ JUL 2 1951 . Al MIN. PASl M STATE OF CAL.IFORNI.s:-- X/ BOARD OF ADMINIST~A""I^"l CITY 6L~'<<-- EARL W. CHAPMAN .XacUTIVI: OFFICER -H. H. BENEDICT, PRE.IDENT DONALD GALLAGHER, VIC. PREIiI1DEN'l' JOHN R. CORNWELL RALPH H. COWING JAMES DEAN THEODORE H. JENNER WALTER C. KENNEDY HAROLD H. ROBINSON RALPH R. NELBON ACTUAllY EDWARD K. COOMBS A..laTANT EXECUTIVE O....ICIER LAUREN C. HAIGHT ",..'KTANT ACTUARY ~tate ~mplo~ee5' ~etirement ~~5tem 1320 K STREET SACRAMENTO 14 June 29. 1951 PLEABIt DIRIECT YOUR RIlPLY TO elECTION REPlIER TO MEMBER ACCOUNT NUM.... Miss Erma Keeler, City Clerk City of Santa Ana City Eall Ganta Ana, Californis , ,.,' tr.. 1 f ;C.. Dear Miss Keeler: In due course, you will receive the actuarial report on our Form 322, giving the results of the actu~rial revaluation as of July 1, 1950; first, under your contract as at July 1, 1950, without amendment; and second, under the contract modified by proposed amendments, if any were requested by you. Items 33 and 34 in the report will quote the current service and prior service contributions to be used effective July 1, 1951. As information in advance of the report, your contributions applying to payrolls for July, 1951 and following, without amendments, are quoted as follows: 1. Contribution on account of current service (to appear as Item 33 in the report)..... 8.050 compensation. % of memPers' ~ 2. Contribution on account of prior service (to appear as Item 34 in the report)........ $51.806.00 . 01 If you wish any further explanation, please let us know. ,/. _r .''- Yours truly, , -t".v--- LAUREN C. HAIGHT ASSISTANT ACTUARY F332a 6/51. 751