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Contracts & Agreements_13-1954
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Coates, Herfurth & England Consulting Actuaries survey of State Employees Retirement System
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13-54
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Contracts & Agreements_13-1954
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9/25/2019 8:54:21 AM
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Contracts & Agreements
Subject
Consulting Agreement
Details
Coates, Herfurth & England Consulting Actuaries survey of State Employees Retirement System
Date
11/16/1954
Document Number
13-1954
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EARL W, CHAPMAN <br />RALPN <br />r,XE>AC <br />',UTIVE OFFICER STATE OF CALIFORNIA T NELSON <br />ACTUARY <br />E&WARC) K_ CooMgs BOARD OF ADMINISTRATION <br />L.A UREN C. FI AI GtIT <br />ASSISTANT EXECUTIVE OFFICER ASSISTANT ACTUARY <br />532E K STREET <br />SACRAMENT0 14 <br />PLEASE DIRECT YOUR REPLY TO SECTION <br />RCFCR TO MEMBER ACCOUNT NUM6 <br />CONTRACT OF <br />CITY CF REDLM <br />Name of Pub is Agency <br />with the <br />Firm of COATES, HERFURTH AND ENGLAND, CONSULTING ACTUARIES, for making an <br />investigation and valuation as stated herein. <br />1. This AGREEMENT made this r4 day of , 19; c¢, by and between the <br />CITY COUNCIL of C iY OF Rim , <br />hereinafter reYe—ri�e—cf to as Agency, and COATES, HERIURTH and ENGLAND, a co- <br />partnership composed of Carl E. Herfurth, Arthur W. England, and G. Frank Waites, <br />Consulting Actuaries, hereinafter referred to as Actuaries. <br />WITNESSETH: <br />2. Agency herewith engages and retains the services of Actuaries for the following <br />work-, <br />a. To make as of June 30, 1954, with reference to persons who have been and are <br />members of the State .Employees' Retirement System with credit for service <br />rendered as employees, the investigation and valuation provided for in <br />Section 20127 of the State Employees' Retirement Law, the results of said <br />investigation and valuation to be the basis of determination by the Board of <br />Administration of any necessary adjustment in the contributions required of <br />Agency under the contract between its legislative body and said Board. <br />b. To make as of June 30, 1954, such valuation of assets and liabilities as may <br />be necessary to determine the contribution which would be required of Agency <br />if it subjected -itself and its employees to certain amendments to the <br />Retirement Law. The Actuaries; reports with respect to said amendments shall <br />be as follows: <br />NCNE <br />'D-4. Ttil___ I,n E. `1 /__ ... - /rl \ --.�.. <br />
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