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AgdaPkt 2006-12-11
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AgdaPkt 2006-12-11
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Last modified
12/11/2006 1:39:32 PM
Creation date
12/7/2006 1:30:40 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council & Redevelopment
Date
12/11/2006
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<br />6.4A <br />Page 6 <br /> <br /> <br />tl0~~ SiGN "EXH!3!T ONLY <br /> <br />m. Section 21024 (Military Service Credit as Public Service), Statutes <br />of 1974. <br /> <br />n. Section 20434 ("Local Fire Fighter" shall include any officer or <br />employee of a fire department employed to perform firefighting, fire <br />prevention, fire training, hazardous materials, emergency medical <br />services, or fire or arson investigation services as described in <br />Government Code Section 20434). <br /> <br />o. Section 21548 (Pre-Retirement Optional Settlement 2 Death <br />Benefit) for local fire members only. <br /> <br />p. Section 21574 (Fourth Level of 1959 Survivor Benefits) for local fire <br />members only. <br /> <br />9. Public Agency, in accordance with Government Code Section 20790. <br />ceased to be an "employer" for purposes of Section 20834 effective on <br />February 1, 1980. Accumulated contributions of Public Agency shall be <br />fixed and determined as provided in Government Code Section 20834, <br />and accumulated contributions thereafter shall be held by the Board as <br />provided in Government Code Section 20834. . <br /> <br />10. Public Agency shall contribute to said Retirement System the contributions <br />determined by actuarial valuations of prior and future service liability with <br />respect to local miscellaneous members and local safety members of said <br />Retirement System. <br /> <br />11. Public Agency shall also contribute to said Retirement System as follows: <br /> <br />a. Contributions required per covered member on account of the 1959 <br />Survivor Benefits provided under Section 21573 of said Retirement <br />Law. (Subject to annual change.) In addition, all assets and <br />liabilities of Public Agency and its employees shall be pooled in a <br />single account, based on term insurance rates, for survivors of all <br />local miscellaneous membas and local police members. <br /> <br />b. Contributions required per covered member on account of the 1959 <br />Survivor Benefits provided under Section 21574 of said Retirement <br />Law. (Subject to annual change.) In addition, all assets and <br />liabilities of Public Agency and its employees shall be pooled in a <br />single account, based on term insurance rates, for survivors of all <br />local fire members. <br />
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