Agmt97 Public Employees Retirement System

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incident to the purchase or sale by the Fund of securities or other investments shall be deemed to be part of the cost of such securities or investments or deducted in computing the sales proceeds therefrom and shall be accounted for accordingly. Notwithstanding the foregoing, the Board reserves the right, as provided in section 21675 of the Government Code, to enter into arrangements with Employers under which specified administration costs are borne by such Employers or charged against additional Deferrals under Section 3 . 7 at the time invested in the Fund. 10 . 5 Communications from Participants : All enrollments, elections, designations, applications and other communications by or from an Employee, Participant, Beneficiary, or legal representative of any such person regarding that person' s rights under the Plan shall be made in the form and manner established by the Board and shall be deemed to have been made and delivered only upon actual receipt by the person designated by the Board to receive such communication. Neither the Board nor the Employer shall be required to give effect to any such communication that is not made on the prescribed form and in the prescribed manner and that does not contain all information called for on the prescribed form. The Employer shall promptly furnish the Board or its designee a copy of any such communication that is delivered or transmitted to the Employer. 20 . 6 Communications to Employers : All notices, statements, reports, and other communications from the Board to any Employer shall be deemed to have been duly given when delivered to, or when mailed by first class mail, to the official of the Employer who has been designated by the Employer in y connection with its Adoption Agreement (or as a modification of the information provided in connection with its Adoption Agreement) to receive such communications . d I a