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Ord03 2248
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Ord03 2248
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Last modified
7/5/2005 3:01:17 PM
Creation date
9/18/2003 11:43:32 AM
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Template:
CC Index
CC Index - Document Type
Ordinance
Agency Type
City Council
Date
5/12/2003
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- PLEASE DO NOT SIGN "EXHIBIT ONLY" <br /> <br /> n. Section 20434 ("Local Fire Fighte¢' 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 />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 Sectio:n 21573 of said Retirement <br /> Law. (Subject to annual change.) I;n 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 members and local safety members. <br /> <br /> b. A reasonable amount, as fixed by the Board, payable in one <br /> installment within 60 days of date of contract to cover the costs of <br /> administering said System as it affects the employees of Public <br /> Agency, not including the costs of special valuations or of the <br /> periodic investigation and valuations required by law. <br /> <br /> c. A reasonable amount, as fixed by the Board, payable in one <br /> installment asthe occasions arise, to cover the costs of special <br /> valuations on account of employees of Public Agency, and costs of <br /> the periodic investigation and valuations;required by law. <br /> <br /> 14520 <br /> <br /> <br />
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