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PUBLIC AGENCY RETIREMENT SERVICES (PARS) - 2011
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PUBLIC AGENCY RETIREMENT SERVICES (PARS) - 2011
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Entry Properties
Last modified
8/5/2016 2:45:04 PM
Creation date
8/8/2011 10:39:04 AM
Metadata
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Contracts
Company Name
PARS (PHASE II SYSTEMS)
Contract #
A-2011-114
Agency
Personnel Services
Council Approval Date
4/18/2011
Expiration Date
4/7/2016
Insurance Exp Date
5/8/2017
Destruction Year
2021
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"Member" means an Employee eligible to receive benefits under this Plan. <br />"Normal Form of Benefit" means the form of benefit described in Section 4.1. <br />"Normal Retirement Age" means age fifty (50) for safety employees and age sixty-two <br />(62) for miscellaneous employees, and meeting the requirements of Section 1.1. "Plan" means <br />the City of Santa Ana PARS Supplementary Retirement Plan. <br />"Plan Administrator" means the individual or position designated by the Employer to <br />act on behalf of the Employer in matters relating to this Plan. If no designation is made, the <br />Employer shall be the Plan Administrator. If a Plan Administrator has been appointed the word <br />"Employer" as used in this Plan shall mean Plan Administrator unless the context indicates a <br />different meaning is intended. <br />"Plan Year" means the consecutive twelve-month period beginning on July I and ending <br />on June 30, <br />"Public Agency" means an employer authorized under California Government Code <br />Article 1.5, Sections 53215 through 53224 to establish a pension trust. <br />"Regulations" means the regulations adopted or proposed by the Department of Treasury <br />from time to time pursuant to the Code. <br />"Retirement Benefits" means the benefits payable to the Member following retirement, <br />as described in Article 11. <br />"Trust" means the trust established as part of the Public Agency Retirement System to <br />hold the assets of the Plan, <br />"Trustee" means the trustee of the Trust. <br />"Vested" means the nonforfei table portion of any account maintained on behalf of a <br />Member. <br />N[31:790420,2 <br />
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