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Home My WebLink AboutLetter_1944_June 27_SERS_Form F111 -- . . e EARL W. CHAPMAN EXECUTIVE SECRETARY !n)ARD OF ADMINISTRATION THOS. E. STANTON. PRESIDENT H. H. BENEDICT JOHN R. CORNWELL DONALD GALLAGHER JOHN J. HAMLYN JAMES DEAN WALTER C. KENNEDY JOSEPH H. STEPHENS RALPH R. NELSON ACTUARY STATE OF CALIFORNIA ~tatr ~mpIn~rrs' ~rtirrmrttt ~~strm 102 STATE OFFICE BUILDING NO.1 / - , - TENTH AND L STREETS SACRAMENTO 14 '-I"~"A ./ . June 27. 1944 1\ , Emma Keeler. City Clerk City Hall Santa Ana. California Dear Madam: As the enclosed form 111 shows. the City of Santa Ana would be required to pay $452.50 for the services of the Consulting Actuary in making the report which would tell the ultimate annual cost to the city if a contract is made to bring its employees into the State Employees' Retirement System. If your council decides to have the Actuary's report rendered. we will furnish you with a card for each employee. and your office or some other city office will complete tha.t card showing the employee's name. age, sex. salary and servlceexperience. These cards will be returned to Sacramento, and we will then send them to the Consulting Actuary for process- ing. It will take approximately ninety days after the Actuary gets the cards before his report will be finished, for there are quite a number of subdivisions ahead of yours which must have reports first. That would mean that the report would come to you perhaps in the month of October, and I suggest that you set the effective date as either January I, 1945, or July 1. 1945. The Actuary would also need to know the minimum age for retirement of Policemen and Firemen. The law provides that this may be set at your discretion between ages 55 and 60. Some cities have chosen 55. and some chose age 60. though none have chosen any age in between. Of course, the earlier the age is set. the more it will cost both to the employer and to the employee. On the other hand, some Jurisdictions feel that for the efficiency of the Police and Fire services, they should have it possible for their men to retire at an age as low as 55. The age for the retirement of the employees other than Policemen and Firemen is set in the retirement law itself, and at present the Legislature has set age 60 as the minimum with age 70 as compulsory. I shall be glad to furnish any further information which you may desire. EARL W. CHAPMAN, EXECUTIVE SECRETARY EWC:kg Encl. BOA~ADM INISTRA nON J' . e EARL W. CHAPMAN THOS. E. STANTON, PRESIDENT H. H. BENEDICT JOHN R. CORNWELL DONALD GALLAGHER JOHN J. HAMLYN JOHN F. HASSL.ER WALTER C. KENNEDY JOSEPH H. STEPHENS EXECUTIVE SECRETARY RALPH R. NELSON ACTUARY STATE OF CALIFORNIA ~tate ~mplOllee$' ~etiremettt ~ll$tem 102 STATE OFFICE BUILDING No.1 TENTH AND L STREETS City Council Ci ty Hall Santa Ana. California SACRAMENTO 14 June 23. 1944 Gentlemen: You have requested that the Board of Administration furnish a quotation of the approximate, as distinguished from the definit'i.ve contribution to the state Employees' Retirement System which would be required of the Ci t of Sant:a. AnA. , !ecause of "Town," "City," "Cout ty, tt or "School District" (Name of Subdivision) '- its participation in the State Employe6s' Retirement System. You asked that, before making arrangements for the investigation and valuation required in the determina- tion of thA approximate contribution, you be furnished with an approximate cost of the work. An approximate statement of the cost follows, subject to the understand- Lng thet eherges for the wOl'l~ will be bdsed. on the nu!n.ber of employees and. that tht'J alti:;late a.mount may Tary slightly either above or below the amount here quoted if the number of employees in any classification varies from the number given below: Classifieation 1. (;i ty Fireluen, as defined in the state Employees' Retirement Act. Minimum Age for Voluntary Number Service Retirement Estimated Cost }9 $ 2. City ~olicemen, as defined in tbe State Employees' Retirement Act. 50 4, 3. Employees other than City Firemen and City Policemen. 133 As provided in the Retirement Act Total ~ 452.50 It is understood that assumptions as to prior service benefits, shall be in accordance with your request. Uron notice from you on th~ enclosed form, that after receiving the fore-- g,oinr, estimates of cost, you have decided that the investigation and valuation st~~l be nade. the Board-cf ":,.i'.JI1inist-Pe:ti..on.Jd.ll_!'u-]'njAh _~can:t-r&ct to be-.,Q-xecu:tGd i..,;{ .~vi.l and the consulting actuhry chosen by.the Boa,rd. and also forms upon which t'le r:nt3. about ycur employees, necessary for the investigation and valuation, will b'3 lute':. Yours truly, 100 ~3~[:: r.;!vr 12-39 ..... I. NAill "' 2. SEX 3. DEPARTMENT .. TITL. 5. NUIIBEI Smith. Irene v. F Heal 10 .. DATI OF IIITH 7. 1081 B. DATI OF APPOINTIIINT 9. PRIOR (DO NOT SIRVICE INTIR ) (DO NOT 9-16-35 IIITII) 12-31-4' 11-5-10 II. NO.IIAL IIUII... or 1I0llTHI 01 DAYI WORKID '.1 YIAI. I' ON IIONTHLY 01 P.I DIIII .,.1.1. IUPICTIYILT. 12 Mos. II. ~ION O. '~L TIIII ~W.ltID 14. SALAI' OR "AGI. PRElINT AND PORIIE I..PLOlIIS II. , =$ , =$ , =$ , =$ , =$ $ $ $ $ $ YR. -19 -19 -19 -19 -19 "SEE FII6, TRANSIIITTING THIS CARD, FOR INSTRUCTIONS, BEARING THE SAllE NUIIBERS AS THE ITEIIS ABOYE. --' _ L 1. NAMI 2. SEX 3. DIPARTIIINT Nolan. Edward M Pol v~ .. DATI or II*TH 8. DATI Ofl-ArPOINTIIINT SiI. PRIOR SIRYICI (DO NOT INTlR) 10. DATI or SEPARATION Resigned 12-31-42/i [' ~ 10-7-08 -35 -42 12. MO..AL IIU.III 0' .0IlTH. 01 DAYI WOIIID 'I. '11.1. ., 011 IIONTHLY 01 'II DII. Ma.I. IU'ICTIYILT. 290 days '4. IAL"I' 01 WAel. PRIIINT AND '0'11. IMPLOlEII MONTHL' . 16. $ $ $ $ $ "SEE FII6, TRANSIIITTING THIS CARD, FOR INSTRUCTIONS, BEARING THE SAllE NUIIBERS AS THE ITEIIS ABOYE. "---- - I. NAill 2. SEX 3. DIP"RTIIINT McDonald, James P. :M Ci~-I'! 1er IS. N~ IlF'tioPL<lltll City of ~ Santa Ana DO NOT FILL IN X =$ X =$ x =$ x =$ x =$ TOTAL $ THIII.YIAI AVIRAGI . F 1158. no62. 3.4.04 10M spa ~ I .. TITLI 5. NUIIIBII Auto Meehan c 6 II. CAUII OP 8IP"IATION Cill1tHRt~'t:A\!'a Ana DO NOT "ILL IN . , =$ , =$ , =$ ,=$ $ x =. x =. x =. x =. x =. TOTAL. THRII.YIAI AVERAGI . F 1158. nou 3.44 lOll spa ~ i __ I i 4. T,LI beputy I. MUIIBEI 1 .. DATI or BIRTH 7. A.I 8. DATI OF APPOINTIIINT (DO NOT IIITIR) 9. PRIOR SIIVICI (DO NOT IIITII) 10. DATI 0' II.PAIATION 11. CAU'I OF SEP"RATION 5-10-9; 7-1-30 'I. KOIULBUIII.I Of' .ONTHI 01 DAYI WO..I. HI 1'DI. 1'011 IIONTHLY 01 'II D'.. IU'I. .U,ICYIYILT. la. PORTION O' r.'\'ULL-TIII. f } WOlltl. '4. SALAR' 01 WAGI. PRlHNT AND 'ORIIEI III PLOY III rA 1I0NTHLY · 1.5.~.17\ PER 0 " '" - \ 16. 12 Mos. . $ . . . "SEE FII6, TRANSIIITTING THIS CARD, FOR INSTRUCTIONS, BEARING THE SAllE NUIIBERS AS THE ITEIIS ABOYE. '--------- IS. N .I' Jt{ty of Santa Ana DO NOT "ILL IN x =. x =. x =. X =. X =. TOTAL . THIII.YIAI AYIRAGI , F 1158. 33011 3.U 10M SPO~.