HomeMy WebLinkAboutReso 22-2010RESOLUTION NO. 22-2010
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
RESOLUTION OF INTENTION TO APPROVE ANN
AMENDMENT TO THE CONTRACT BETWEEN THE BOARD
OF ADMINISTRATION CALIFORNIA PUBLIC EMPLOYEES'
RETIREMENT SYSTEM AND THE CITY COUNCIL CITY OF
SOUTH SAN FRANCISCO
WHEREAS, the Public Employees' Retirement Law permits the participation of public
agencies and their employees in the Public Employees' Retirement System by the execution of a
contract, and sets forth the procedure by which said public agencies may elect to subject
themselves and their employees to amendments to said Law; and
WHEREAS, one of the steps in the procedures to amend this contract is the adoption by
the governing body of the public agency of a resolution giving notice of its intention to approve
an amendrient to said contract, which resolution shall. contain a summary of the change proposed
in said contract; and
WHEREAS, the following is a statement of the proposed change:
To provide Section 20475 (Different Level of Benefits). Section 21354.5 (2.7%
@ 55 Modified and Full formula) and Section 20042 (One-Year Final
Compensation) is applicable to local miscellaneous members entering
membership on or prior to the effective date of this amendment to contract.
Section 21353 (2% @ 60 Modified and Full formula) and Section 20037 (Three-
Year Final Compensation) is applicable to local miscellaneous members entering
membership for the first time in the miscellaneous classification after the effective
date of this amendment to contract. AND
Section 20475 (Different Level of Benefits). Section 21362.2 (3% @ 50 Full
formula) and Section 20042 (One-Year Final Compensation) is applicable to local
safety members entering membership on or prior to the effective date of this
amendment to contract. Section 21363.1 (3% @ 55 Full formula) and Section
20037 (Three-Year Final Compensation) is applicable to local safety members
entering membership for the first time in the safety classification after the
effective date of this amendment to contract.
NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency
does hereby give notice of intention to approve an amendment to the contract between said
public agency and the Board of Administration of the Public Employees' Retirement System, a
copy of said amendment being attached hereto, as an "Exhibit" and by this reference made a part
hereof.
~ * ~
I hereby certify that the foregoing Resolution was regularly introduced and adopted by
the City Council of the City of South San Francisco at a regular meeting held on the 24th day of
February, 2010 by the following vote:
AYES: Councilmembers Pedro Gonzalez, Richard A. Garbarino, and Karyl Matsumoto,
Vice Mavor Kevin Mullin and Mavor Mark Addie~o
NOES: None
ABSTAIN: None
ABSENT: None
ATTEST•
ity Cl
RESOLUTION OF INTENTION
TO APPROVE AN AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
CITY OF SOUTH SAN FRANCISCO
WHEREAS, the Public Employees' Retirement Law permits the participation of public
agencies and their employees in the Public Employees' Retirement System
by the execution of a contract, and sets forth the procedure by which said
public agencies may elect to subject themsAlves and their employees to
amendments to said Law; and
WHEREAS, one of the steps in the procedures to amend this contract is the adoption by
the governing body of the public agency of a resolution giving notice of its
intention to approve an amendment to said contract, which resolution shall
contain a summary of the change proposed in said contract; and
WHEREAS, the following is a statement of the proposed change:
To provide Section 20475 (Different Level of Benefits). Section 21354.5
(2.7% @ 55 Modified and Full formula) and Section 20042 (One-Year Final
Compensation) is applicable to local miscellaneous members entering
membership on or prior to the effective date of this amendment to contract.
Section 21353 (2% @ 60 Modified and Full formula) and Section 20037
(Three-Year Final Compensation) is applicable to local miscellaneous
members entering membership for the first time in the miscellaneous
classification after the effective date of this amendment to contract. AND
Section 20475 (Different Level of Benefits). Section 21362.2 (3% @ 50 Full
formula) and Section 20042 (One-Year Final Compensation) is applicable to
local safety members entering membership on or prior to the effective date
of this amendment to contract. Section 21363.1 (3% @ 55 Full formula)
and Section 20037 (Three-Year Final Compensation) is applicable to local
safety members entering membership for the first time in the safety
classification after the effective date of this amendment to contract.
NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency
does hereby give notice of intention to approve an amendment to the
contract between said public agency and the Board of Administration of the
Public Employees' Retirement System, a copy of said amendment being
attached hereto, as an "Exhibit" and by this reference made a part hereof.
By: ~
~~~ ' ing Officer
~ '~ ~ ~ 1
Title
February 24, 2010
Date adopted and approved
(Amendment)
CON-302 (Rev. 4/96)
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Branch
Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229-2709
(888) CaIPERS (225-7377)
CERTIFICATION OF COMPLIANCE Vlr'ITH
GOVERPJMENT CODE SECTION 20475
hereby certify that the CITY COUNCIL of the
(governing body)
CITY OF SOUTH SAN FRANCISCO
(public agency)
has fully discharged all of the obligation imposed by Chapter 10 (commencing with
Section 3500) of Division 4 of Title 1, Government Code.
Witness
FEBRUARY 24, 2010
Date
PERS-CON-30 (Rev. 1/96)
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
Actuarial and Employer Services Branch
Public Agency Contract Services
P.O. Box 942709
Sacramento, CA 94229-2709
(888) CaIPERS (225-7377)
CERTIFICATION OF GOVERNING BODY'S ACTION
I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the
CITY CGUNCIL
(governing body)
CITY OF SOUTH SAN FRANCISCO
(public agency)
on FEBRUARY 24, 2010
(date)
ec~etary
CITY CLERK
Title
of the
PERS-CON-12 (rev. 1/96)
.mi,,.
,~~~~ ~:,
C:~lif~~rr~
Pulai~~~ ~r~~i~~l€~yr,~,~s' F~~=~tir~rr~ertt ~y~lrr~
AMENDMENT TQ CONTRACT
~.i~o~ni~. ~~~~~.~ ~~plo~r'e~s. ~~~r~en~. ~~`st~m
anc~. iw'~
~.~~ ~~ SQU~h ~ Frar~~ sc~
,...~ m
~l~E~::: Boy}rci c~~ ~~cin~ir-istr~t:~ar~, ~:~~iif{~r~~i~ F'r.-(_~iiC; Er~~~u}loyia_~e~, i~tatiren~er~t ~~ster~~, hereir--~~fter
ref~:rre~i tc~ ~~~ f~~.~~~r~f, ~,-7~~ tEi~ ~~t,~,r~^rnir~c~ bc~cty ~~f ti~~: ~k~~_~~f~: ~~u#:~lic w~~en~;y, t~-ereir~~~fter
r~~fr:rr~eci t~:j <~:~ ~'ul~li~ ;~r.~er~cy, h~vin~ entered intr_~ ~~ ~.~r~tr~r;t effective ~epter~r~~~er 1, 1~~'i~,
~~-~~i witri~sse~1 ~~~aptc;rT~`r~f>r 12, 1 t-}~:~, ~rat~ <~~ ~~-~r~er~~uiec~ i.;ffective Se~ten~rEaer 1, 1 ~~~,
~1;~:en~t~er 1. ~ ~.~~:~, Jnr~iv-~~ry 1, 1 ~~0, Jc3rlll<ary 1 E 1 ~~:3, I"'el~r~r~ry ~ , 1 ~~~?, J~nu~r~ 1, 1 ~f:~~
J~anunr~ ~ , 1 ~r`:~~, ~lover~r~t~er 1. 1 ~t7`;~, April 1 ~, 1 X74, J't~nu~ry ~1, ~~7, ~lovern~er 1 ~,
1 t77, De~;err-#>er .1 ~-, ~ ~~~~.~, ~~u~ast ~3, 'i ~~~. Jnu~~ry 2;~. ~ ~~c~7, ~eoerner ~Z, 1 t-~
J~~ni-~r~ ~! , 1 ~~ci~, ~3L~tc}ir~er ~~ `i ~f~~, ~pri! ~~'a, 1 ~}~3~, ~.irrni;~ 13, 1 ~~~~~, i~~y 11, 2~~C)1
i~~c}vc~rni~er ~~. C7t?r_'. J~=ir~i-~~ry 17, ~Cl~~~ ~r~c4 Ge~:~l~~k~er `1~. ~C)t~w~ v~t7it~fi ~rc~vic~e~ fr::xr
p~rtic~ip~tierr p~lir~ A~~enc;}~t in s<i~i ysie-~~, Qc~~-~r~i r~r~~i Prrf~ic; ~ency here~}~ Free
~(111f~,~"YJ:~.
,~. F~~~r4-~~r~-~i~~ thri~rah 1 ~3 <~re fieret.~y ~tri~ker frt~r7~ ~~ici cc~ntrG~~;t a exer~ ute
effective [~e~:er~~l~~er 1~, ~~~~, ~nci f~rreta~ r~.~~}I~r~e~i k~~ tree fc~llc~~ric~rg ar~yr~~~~~
n~r~f~erecf 1 thrc~ui;~~ in~tlusive~
~~i1 v~a~r~i:=~ <~r~~ terr~~~ used i~ereir~ wt~ir~i~ ~-re c3efirrer_! in tt~e F"ui;~iic; Er~~(c~yees'
Retirer~~t.nt t_~~~~v sh~~ii hev~ the me~nir~c~ ~~~ c~efinec~3 ther~:in unless c~tt~en~YJisr~
sper:~ifi~.~~liy ~~rc~vicie~_i. "i~i~~rn~~7! retir~en~ei~it ~~~#e' sh~li 1~~~.=ar7 ~~e ~~ for lo~~l
rrtls''elt~:~r~t~.~;us r~~e~r~f~ers er~te rinr~ rrit;nai~~-~r~i~ri en ~~r F~ri~r t~ ti7e effe~~tive
cf~:lte r>f lftk: ~ar~~r~ru.irY~er~t to ~,c~r7tr~~r~t, ape f~~ fur Ic~~~l n~is~ell~r`~eous~ rr~en~k~ers
~;nterin~, n~E~rni~ersi~ip fer the first tine in the r~~-is~;ell~-r~ec~us ci<:~ssific~rtior~
~rftcr tine effective ~~te of tf~is ~r7~er~~#r~~ent to cc~ntr~~~t, ~>ge ~fJ for 1c~~~~l s~~fety
n-rer~~~ers enterinr~ r~nemh~ership on or prior to tie effective ci<~te cif tflis
~rn~~.r`r{~r-r~ent tc~ r~c:~ntroc;t, ~~n~i ~cie; ~~ fc~r ic~c~l s~feiy n~renit~ers er~terir~
~"rlertl~)C;rslli~) for the f-rst trf~r~e In tfl~ S.nf~.t~ GIr3sslfrCc`3-t{{)f1 after the effEC~tIVe
dut}: c7f this t~r~~r:r~rcirr~fnt to r~c~ntr~-~i;t.
?rualyli~:: ~~~~r~,:~;y ~i~~ll ~r~rtir_:i~~at~ is~ tl~~ ~t~iir; Er~~t~f~~y~}r<~' I~~kir~:r~`ir~r~t y~f~:r`r~
fr~r~~ ~~r~r~ ~.~ft~~r ~~~t~ttir~r~hr 1, 1 ~~~~ r~~~kira~ its ~~r~r7t~loy~;~ ~ ~~ hor~~ir~~~f~r~r°
pru~~i~~:~:x, s~r~:rY~'tj~r~ ~f ~~i~:! y~t~~r~~ ~r..sk~j~af:t t~.~ III ~.~rovi~i~r~~ cif tt~+~ Pr.at~ii~s
~mE~lc~yc~~~s` i~~tir~;r~~r`~t L~~~ a~xr:~t~t sr~c~Fi~ ~s ~~7t.~ly only ors ~:I~~:tiorr ~~f
;~~r~tr~-rUtir~~~ ~a~~~r~~y ;~r~~~ ~~r~ riot provic~~t~ for ~~~r~in ~r~r~f t{~ 4~1 ~r~~~r~r~~onts to
s~~icr tr~~~~r h~r~~ftor ~~r~~~~t~~~ ~:xr•~~t~t tt~rrw~~r:~, Lrr~~ic~~ ~y ~;~~.~r~~~ ~~rc~~risir~~
tk~a~.rc,c~f, ~~~~~~ly cir~rl~ ors tf~ati-: ~I~c~tc~r~ ~f ~~ c;c~a~str~s~tir~c~ ~.~~~~r~{~y.
:. ~'rsir}i~: ~-~~~~r~c;y {~~ts~:~:r t~:::t r7r.~t:~=rr~r~sify, 41~:,f~3s,~i ~~~rt~f 17~~ct f~~a~r~r~rl~s~ thy: ~~~lf~imi
Pevak~li~.~: Er`r~~~irryF~~s' ~r~tar~r~~i~r~rt ~ystr;r~~ ~~~~1F~E[~S} ~~nr~ its trr.a~t~s, ~~~s~rts
~~r~c~ ~r~,i?I~~y~;t~~s, tiro ~~.~lP~~~ ~3c~<~rr1 of ~,~~r~air~i~t.r~;rtiorr, <~rrci thy: C~~~lifors~i~~
F='~a}~;i~: Er~~~~lr~yr-:~s' i~~tir`~r~~~r~t Fur~ci fr~~r-r~ ~~r~v ~~I4~~ir~s. c~~~°rT~~r~r~~, ~t,tior~~,
Eo~s~:~, li~hilrti~;s. ~t~~r~~~~~f~~, ja~rcir~~r~ts, ~xt~a~r~s~;s ~~n~ ~;c~sts, ir~clur~n~t taut
Ctz:~t iir~~~t€~ to ir~t~r~st. ~c~r~~ltios ~nc~ ~ttorr~r~ys f~;e;s that «~e~y ~ri.~~~ ~s ~ r~;~s~~i«
of ~r~y ~ the folic;w~inc~:
~~ Pt~rt~iir: ~c~~~tr~~;y'~ cl~:,acti~:~ra try ~~r~~~~i~i~ rotir~;i`r~~~;r~t t:~rrr~~fits. ro~risor~rs
r fc~rs~~~al~s o:.rn~ic~r~ tt~i~ C;c~ratr~a~:t th~it r~r~ c~itforor~t th~~r~ thy;
~,E,sr~r.==r,~~r~t ka~:r~~=;fits.. t~rc~vi:~i~~r75 car f~arr~~ui~ F~rr~ui~~~i ur~scl~~r the
~r~k~li~ ~~~~~r~rc~y's ~ric~r r~sc,~r~-~~r1~'E~S r~4tir~r~~~r~t ~ro~r~r~~.
~ rrf~liru A~c~r~cy's ~I~rtiori t{;~ ~rt~~~r1t~ this ~c~t~trG~ct to pro~~ritfo
r~~tiror~r~r~t t.~~~n~~fits, ~~rovisior~s csr forr~aul~rs that ~r~ c~iff~ror~t th~~;~
~;~istir~ct rotir~:r~r~~r~t b~~r~~fits, ~~rovisior~s or forn~~al~s.
~uialic~ A~~r~r~,y's ~yrt~~s~~~:r~t knriti~~ ~ thir-r1 ~~rty other th<~r~ ~~IF'E~
t~~ ~rovi~#o r~tir~:mor~t borefits, ~rovisionst or forrr~ul~s that ~rr~
~:iiff~}r~r~t ~E~rrrr~ thy: r~tir~r~7~yr~t k~~rr~~;fits, t~rovisior~s or forr~r~u1
f~ro~it~t~~f ~r~~ior this ~or~tr~ct ~r~~ provir~~d for ur~~or fh~~ ~~fiforni
i~'r~t~li~~ Esrs~loy~~s' R~;tir~>r~a~r~t Lew.
~~~ Pz:rhlir:; ~,~~or~~y's ~le~tior~ to file for t~~r~i`:ru~t~y ~ar~c~or ~h~ptor
~c;c~r~~r~r~~r~~;ir~c~ v~rith s+~r~tion ~t~1 } of Titi~ 11 of the Unit~ct ~t~tos
B~r~kruf~t~y Goci~ ~r~~ilr~r` Ps~f~li~ A~~~r7cy`s ~loc;tion to re~o~t this
~ar~tr~ct v~ith the GAPER ~o~~r~i of Acir~ir~str~~tior7 ~ur~u~r~st to
s~ttior~r ~~~, of Title 11, of thy, t.lr~it~~ci ~t~t~s B~r~krut~t~y Goc~e or
<~ray sirr;il~r t~ro~visior~ of I~~.
f~ , 'r~rl~fi~. A~~~ncy'~ ~:l~c;tioc~ to cissiCrl this Gor~rff~~ ~uitholst the t~rior
~;vrittorr ~~~r1s~,r~rt ~~f the G~~IPERS' ~o~rc~ of A~r1~ir~str~tior}.
Ttr~.~ t~~ra7~al~~~tic~r~ ~~( tl~i~ ~.:c~rrtrr~~~t tit#~~r ~~:~irrr~t~rii~ ;:~y r~,~~r,r~~t ~~f
E?~.rt~iiu f~,~~~nr~.y ter inv~~lur~t~~rily tar~r`~;rea~r~t t~~ tf~~: i~'rFrt:~lic; Fr~~f~luy~~~~~'
F~~~tir~r~~~:r~f Lew,
.
~'~ l~~rr;{#~~~~ ~l~~~ri;ur~r# l:~y ~'>_rtali4~ ~t~Eyrt~;~~ ara ~~xastir~c~ r'utir~~~r~~r:lr~t
f~,.::~3~fit~, f~rr~vi~ic~r~; ur furr~~rrl~~~ r~~:~~~tr: ~~~ r~ r~`~ra(t ref ~rr~t~n~r~~Er~t~:
.=;rr;,~?iti{~n~ car c.#IE~fi~r~~ t~ ~<[ifr:~}rr~~i4~ ~t~~ttrt~ i:~r tC~ tl~r~ C~lif~rtli
f~'~ur~~fifr.ttiur~:
Faraf:~luy~3r~~; <Sf F'~rt:~iir: ~~~~a~~~ in tl~~~ fr}iiu~nrir~r:~# ;;;1~~~~ tell tic%~~~r7~~ tt;~rt~af~~~s
r:~f ~~~~c# F~~tirr,a~~r~r~t ~v~tr=~rr~ ~~r~~t~t sits#~ ir~r f~~a~~fa :~;ur1h rl~~~~ ~:r~ ~:~rF~ ~x~;l~rc#~e~
}fir I~~~~ r~r` t;~t~ E~r~~r~~;r~~r~~~r~t:
. I.,.t~c:.~;l Fare= i=ir~htf:rs ~~t~:r~ir7 r~f:~rrrr# ~~~ ~r~ Ic~~,tl ~~~f~t}~ r~~4:r~it~z:rs)
r_r~~,~ri E='r~lit~~ ~~ffir.~=r~ ~~rE~rcir~ cc,~f~}rr~;ci t,r ~~~ Ir}~:i ~~~f€rty~ r~1r-r~t~rrs3;
Fr;tt:~iu`yr~.r:;-~ r~tt~~,>r t1~~~[~ lurl~ll' ~,~rfr=.t'~ r~r~r:~rl~t~r_;r;~ {I~tur~~~ir~ ~~;f~rr~=,xc:' tt~ ~~:
~;+{_;t3i r1`1I:~t~~'I~c-lr~it,`C3~,i~s r°rlE°:rT~~}~r~}.
Ire ~:rcff:liti~~rr t~~ tf~r ~~I;~~~~r~~~ ~.~f ~[~rl~luy~:~~ ~:~~~l~sc#~cf frur~r~ [7~~r~~l~~r~~Zip ley ~:icf
f~~t~r~r7~a~~r~t I~~,a~, the f~-Il~wirjc~ r/:I~~~~~ of ~r;~ f~i~~y+~s ~k~~il r7~t r}~~:c.r~~~;
t;~~r~~k~~;r5 ~tf :>~ic:~ i~~trr~rr7~r7t ~y~t~~r~a:
~. ~~RSC7~1S W#~4 ARE CC~NiPEIVSA~"EC~ ON ~h~ l~f~U~LY BASIS
1dUH~3 ARC EMP~t~l'EC3 ~1&NU~4F~~ 1, 1963 C)R ASTER.
~"'1`r}:~ ~~;rt.€~r~t~~~r~ ~rf fir~~l ~:c~rnp~r~r~~~tir~r`r try t~~ far~~~rici~~~ fc~r ~~~ch y~~r ~f
~sr~ciit~~c~ }~rit:ir ~~r7c# c;~rrr~;nt ~~r~riu~ ~~ <~ lu~r~l misr~r~}Il~r~r~u~i~ rr~eri~t~~r~ in
t,~-n~tir~yr~~~r~t b~fc~r~ ~r~~i r~crt crr~ r~r ~~ft~r C3~~~r~b~r 1 ~:~, 2~SfJ;~ sf~~ll ~~;
d~t~rrr~rir~ucl in ~~cc~r~#arru~ with ~~~tiur~ ~'1'~~~~ of ~c3i~ ~~:tir~:m~~nt ~~w
~uk~j:c,t tc~ turn: rc;~t#r.rctic~r~ ~ra~ic~~t~ tf~~s~r~irl fr.~r` ~`~~:i~r~~ ~r~~ i~al S~~;r_rrity~
~~"'r a=rt ~~,,~~ ~~~~ I~Jlr<#ifiir~r.# ~r~rti Full},
~. Th+~ ~~cyr~~r~t~~~~ of find cc>r-r~l~~n~=~~tiun f~ ~u t:rrcrvid~:ci fear rstyct~ yf~:~r- ~`
r~~#it~,~ t~ri~~r ~n~i c~r.rrr~r~at ~~r~,~iC<3 ~~ ~~ Ir.~c~l r~~i~cl~ll~r~et~~i~ n»rt~k~~r irk
r~~r~~f~iuy~rl~~:r~t t~r~ ~r ~ft~r ~~ca~r~t~~.r ~ (:~~:~ £~t~r:i r~aut aft~:r the t;f#~~cfiiv~ c~~tt
cif tl~i~ 4~r~~~,rz~rr~ur~f tc~ c~ntr~ct ~~~~I lae~ c#~t~-~rrr~ir7~~ci ir~t ~cc~~r~iar~~~ ~~vitf~
c~ctir:jn 2°1 ti~f"~~.~~ of 3~ic~ i~~tir~r~~~~;rat ~..~~w ~av.rk~j~.E;t t~ ti~~; r~c~r..r~tc~n larc~~,~id~r.#
f~r~;r~#n fur F~e~~rl ~c~~;i;l ~~urty ~2.~`~ ~t ~~~ ~,`~ I~~uclifi~c~ ~nc# Ferrll~.
o Thc^ ~c:r~:~~~:nt~~c~r-; of ~in~i ~,ur7~~~r~;~~~tiur~ to ~~c E~ruvi~iucf far ~a~l~ y~~r ~?~
cr~cJit~{# c;r.rrr~nt ~urvir~ ~s ~ lu~;~i rY~isrti~~ll~nr~ur.,~ rr~a~r~l~~r ~rtt~;r~#r~
n~rlrr~t~~r~t~i~ fur tl~f fiat. tirn~ in tl~~; r~`ris~~ll~n~uus c~l~s~ifrti~tiun ~f~Ur` the
r=f~'~~tivf~s <~rat~ cif the ~~m~r~dr~~nt fc~ r~r~ntr~ct ~hc~li t~c~ c#~t~rmirr~cf ire
f~rr;~urc#~~r~r,~ with ~~ctiur~ ~1 `~~~ aw~f s~ic# ~~tir~r~~~r~t l..aw sut~ject to the
r~~~#a,.r~tic~r~ f~rc~ui~i~ct tt~E~reir~ fr~r F~d~r~l Sc~ci~~l ~~curity ~~"`~ at ~e f~
~~cjifr;ct ~~~~ Fui~~_
~. T&7~ ~~t"..C~,~:rlt~~{.~~:~ ~f fir~~:~l i".~r~r-rp~;f~s~~t~r~ era E~~ pr~~vir-i~~~:i f~~r ~;~~~,t~ ~~yK=~r cif
t.~~~::tiit~~l pri~.~r ~~r~ci ~~~rr~rr~t s~rvir:r: ~~~ t~ lcacf~rl ~~~~~~=t~' r~~~;r~~Ea~r ~r~t~:rir~rt~
rr~4;r11k~E;E~i~it:} ire tt~~3 ~~~f~ty r~;l~~~;s~f~r~~~tir~r~ ~E>r~r sir tarirr~r t~~ ti~~,~ ~,if~3c~ti~~ ~~~.~t~ raf t~~i
<~rr~~~~£ir~~~=rat t~~ r~rar~tr~~4.t i~~~ll ie~~ ~c;t~rr~~ir~~,1E3 ire ~~c,~Jc~rtii~a~rs~ v~7itf~ ~~; ~ti~ar~
~'1 ~~~,~~,~' ~,f ~;~i~.i ~~.~tir~:r~~~,r~t ~~t~v ~.3`~<3 ~~t ~~c~f.~ ~:~ F~ull~.
`~1~ Tf~f~ ~ar~rr.~=r~t~~c~.~ ~f fir~~~l ~;~r~np~r~~~tc,r~ t~~ ~~ tar.c~viti~;~:~ fi~~r~ ~~~~;i~r y°~~r oaf
c~r~~ciit~ci ~;r~rr~~r~t ~;~rvi~s~: ~~ ~~ local ~~f~t~ rY7~~r~r~ta~~r {~Sr~t£.~rir~~:~ r~~~r~~~a~rfrip fir
1~~~; fir:~~ tir~~ ir~r the ~~;fioty ~I~i~~ii'i4~ti~-~r~ ~ftwr ti~~; ~sffcc:tiv~r ~.i~at~ raf tl~i
t~ri~~ra~ir~7~>r~i t{a ~~«r~tr~~~;t s~~~~ll k~~ cj~~t~t~r~r~ir~€~~:i iri ~~1~;c>r~~~~r~cy~=; wit;t~ ~~~ti+.~[~t
`~.' ~ ~~~L?~.1 f-~f ~;~icf F~~;tir~-;r~t~r~tt LEaw ~3`'j~~ ~~t ~~r;~ ~ ~ Frail ~.
°11. ~r~rt~~ ~~~.~f:,r-~;.;~` ~~I~~c~t~ ~i ~~r~r.i ~>I~;~.,t~ tc~ t~~~ ~~iE_~~}~~~;t tc~ t6~~} f~~l~~~~vir~~ c~pti~at~~ii
pr«~i~i~ar~~~
~~3~.tior~r ~`i~T1 {E~si~ Lr~v~:i ~f `1~~~~ S~.~r~~ri~r~ar ~~r~~fits~ sr~r 1ra~~~1
r1,«c~~ll~r»~.~o~~: r~~r~~ta~r~ oral}~.
k. 5~~:::ti~~r~~ ~1 ~~.1 {~~~f~,wTine: ~`~<~ {r~c;r~~a~~ - 1 ~~?~ j. ~~c~islatirati
t~~l~~~lf_jcl ~~id ~;ctit~r-r ~ff~:~ti~J~ ,.l~:~ri~~~r~~ ~ , 1;~~C1.
~t~o~~~ ~ ~ ~~~ ~r~~l .~~ ~.~~.~ ~i~'fiat-~~t~rf~.~r-r~~r~t S~rrv~~t~t~1t ~I1t~W~r~c~~:,}:
~~_~rtirar~ ;~~C~4 {~~ilit~rry ~rvit;~ ~~rociit ~~~ F`r~t~ic Srvi~oj.
~~c;ti~r~r ~~}(~~~ {Cara-Y~~r Fin~1 ~or~ip~r~rs~~ticar~~. Fear tras~ I~1::.~1
r~r~i~c:~~ll~n€>c~«s rt~er~t~rt~e;r~ ~~nd Ic~c~~rl sooty r~~r~,r~b~,r~ ~r~tr,rrr
r~~mta~r~l~ip ~n or prier tea tt~~; ~ff~~~tiv~ d~at~ cif this am~;r~~ir~~~nt to
cntr~€;t.
5~:~~:ti~>r~ '17:3 ~Thirci ~~v~l cif 1~a~} ~~rviv`t~r` ~~r~~fit~} far io~~1 s~f~~ty
r~~ ~rr~k;,~r~; .
~~~ctic~r~ ~t)~a~~ {Croriit fear ti~rrrs~~i ~>i~:,k ~~[:~u~l.
h. S~~ti~r~ ~~ ~~~ {~'r~Tt~~tir~r~~r~t (~ptic~r~ 2V~1 G~~~fk~ ~~nofit} fir Io~~1 i`ir~
mz~,~r~~a~r~.
C. ~~.r~::ti~~r~ `~~~~7~a ([~iff~r~rrt trf.~v~.i cif ~+=~r~~Ffit~;r. Scrcrti~~r~ '?~1;~~~~.~ 4Z. ~'{;a,
rr, C~~~l~~,~ifi~~.1 ~~r~r_C F~rll fcarr~r~ul~~~ ~ir~rr3 ~~;{~ti~r~ ~t}(~~? {C~r~f-Yr~r Fir~~~l
~``~~~rrrC~c,n~~~ti~~nj 4~r~ ~~t~lir~~t~1~ t~ I~c~~l r~r~rr~~~ll~r~c~~~u~ r~r~r~~~~,rs
rr~t~.rir~~~ r~~~,,~r,~r~~~~r~t~ip carp ~r t~ric~r try tC7 ~;ff~~~ti~r~$ c~~t~~ ~~f tC~~i~
<'~rTlf~'rr+ir~rf~>r~rt tc> r";~~r-~tr~ct. ~cti~r~r ~;~~~ {~"~~ ~~ f~~ I'~1~`~~Cifi~~~~ ~r~r~ Fr,li
f~~rri~rr'~} {~nci S#-:{;#i~r~ ~f~Cl:~7 (~~Err~~-Y~r Frr~r~~l Cr~r~r~pr~~rrs~-~tic}n} ~r~~;
~~pt~lic~.~C~lr;~ t~~ I~~~~R r~7i~~~ll~r-~:cau~ r`t~r~r~r~C~~~rs ~r~t~rr~ct ~~~~r~C~~r~C-rip fc~r
tf~r~=P, fir~;t tin~~~ ire the rr~iscli~n~~u~ ~,I~~~ifii~:~ti~~r~ ~ft~r the ~ff~~ti~~ ~~t~
r?F ~tt~is ~~r~~rr~#r~~~r~t t~ c~r~r~tr~,c~t, .A~IC~
f.>r~tittr} ~~~~~~~ ~~iff~r~rrt C_~;v~;l caf ~~:cz'~fit~~. ~~~~rtc~r~ ~~~~~;~.:~ t~`rr, ~cr
~;~ f=~rii fc~rr7rr.rl~t ~r`~t~ Se;ctir~r~t 2{;~C~~2 {C~r~~-Y~~c~r Fir~i ~c~r~r~p~r~a~~tc~rlf
~rrk; ~:~~?~~Ii~~~r~~3i~Wi tea It~,c;~~i ~~if~ty rr~~r`r~C~~;r~; ~r~t~rr~c~ r~~~~r~~C~~rsC~ip c~r~ c~t-
Crrir~r t~ thc. c~ff~r:tiv~ c~~t cif this ~ir~r~~;r~rir~~~r-~t t~ cc~r~tr~~t. ~~~tior-~
1~~:3.1 ~~`~f;'%~~ ~4~ Full f~rrnul~~ ~~r~c~ e~c;ti~r~ 2~~3~ fTt~r~~-`~~G~r Fir~~.~l
~r~~l~~~rn~~tir~r~} r~ ~ppli~~E`~C~: t~ I~;~I af~ty rr~rr^r~k~~~r~ ~r~rt~rinct
r~i~r~~~~c-~r~t~i~~ fcrr ttt~ fiat tir~~e~ ire the ~~~:f~ty t;l~ssif~r:~ti~ar~ after tC~~:
~ffk~z~.t~~ c~at~ cif tC~i~ ~rr~~r~c#n~~rrt fa r:~ntr~ct.
'C 'ui:~iir; AE4~~'~r~r;y. ir-~ ~rc;~:vrc~arr~~ ~itl~ ~uvcrr~r~r~~r~t ~c~ci~ ~~ctic~r~ ~'C~l~~(~, ~~r~s~ci
t~_~ ~?~ ~.~n "~:r~-~C,~Ic~yc~1r" fir f~urf~r}s~:~ cif ~~~-tir~r~ ~~~34 ~ff~r~tiv~ cart I~av~rr~k~er
~ 1 , 1~-r7 r . fi~~ur-r~ruiat~~~ ~Qrrtrif~utiar~r~ ~f ~'uC~lir: Ac~~r~rc.y ~h~il t~~ fix~~ ~~r~d
=.tr:rr~~irr{:~rj' r~~ prc:~vc:i~~~ ir-~ C.~c~v~-~rrrrr~~.nt ~raci~ ~~~tc~r~ ~~~3~, r:~r~c~
a~~c~rr~uCatect ccantri~utiQr~~ tC~~re~rft~r ~t~ai! ~x~ iz~i~ key the C~c~ari ~~ ~rc~vi~t~~t
~rl ~u~rr ~r~~~nt ~~~c~~ ~~~tian ~~~~~.
~ ~'ul.~ii~ Act~;ncy sC~rall ~~ntrit~ut~ tc~ ~ai~ R~tir~;rt~~nt Sy~tfwr~r~ the +.,antributiar~s
{~;xt~rr~7Gn~~~i try ri~tta~ri~l v~lu~tit~r~~ ~~f prig r~c~ future ~~r~i~,;~; li~biiity ~vitl~t
r^~~spe~t tc~ ic~~;t~l mis~~llar~~c~u~ r~~r`t~b~:r`~ ar7r~ Kcal safuty rr~~r~rbers ~f said
~,~tir~rr~r~t ~y~t~r~~a
'C P~.Df~li~ ~~t~rry ~1~~3(1 ~~I'~c~ ~.vr~tri~ut~ tf.~ ~~riCt C~~:tirr~rn~~lr~~ ~st~r7~ ~s fc~llc~w~#~
~~~r~trit~uti~r~r~ r~~tuiru~i per ~;uv~rct rn~rr~rt2~r c~r~r a~cuur~rt ref tf7~ ~ X35
~urvi1,rc~r ~~r~ufits ~ru~id~~ ur~r~'~r ~~ctor~ ~1 7~ cif ~ai~ F~~tiren~r~rtt
LG~~v. (~uC~j~~;t tc~ annual ~i~rar~c~~.} Ire ~~tc.~iti~rrF SCI a~~uts ~~r?ci Cia~iliti~s
caf Put~l~; ~c~r7c.y ~r~t~ its ~rnpc~y~€~~ ~C~rall b~ pnc~l~;~ in ~ ~inc~l
tar~~c~r~r~rt. C~a~uct ~n terrZ~r in~uran~~c~ rate, f~~r ~~arviv~.~rs cif all I~~~al
<~f~fy tx~ur~rk~~rs.
r~~~~ur-~aC~l~ ~r~~uurrt, ~~~ fix~~ key tl~c~ BaarrC; payak~l~ i€~ cane
in 7t~ilrt-~~r`~t witt7in E~0 ~~ay~ ~f c~at~~ cif c~~r~tract tc~ saver the t;~st~ ~f
~r~:ir~~rinistering said ~yst~m ~~ it affects tl~e emplaye~~ t~f C~ublir
Ac~~;r~cy, n+~t inclu+din~ the cca:~ts cif special valuations ~r cif tyre p~ri~actic
iriv~stic~~tic~r~r ar~ci valu~itic~r-rs r~uir~~l by lave.
~=~ r~~._,~~:}r~~~~~1~>a ::~r~r~~~ir~t. ~~~ -f~~~r+;:1 'try ~~~74~ E3c`s~rr' ~,~~iy~il_~1~ ir7 t~ri~:}
ifr,~~;~llrr~~r~ft cis tE.j~ ~a~c;~}si~ar~i~ ~ri~a~-aA, tra ~,~,~~~~ [Its: t,~~~~t~ cif ~~a~:c:i~~i
~,~I~,<-3tic;~ra~ ~~ro <~ir,~~~~t.rr~rt~ ~f ~r1't~~l~y~lf,~ ~f PuE~li~, ~`,c~~r~c;y~, ~~r~~ cc~~t~ ~:~
~a1t, r`~t~r!(.?i.~fC:; rr1VVf~',M,~IC~c~tr~arl ~3r"i(~ `J~i~4.icltl{3(l~ rC'.'t~~1~r~',C.~ ~)~` Icl'v'4'.
1 ~`~:#rttril-~~.~t~~}r~. f~::~~~~,ir~>{:i tai P~r~~iir_; r~,c~~:~ra~;.y Mira,:f it:~ ~sr~f~~{r~,yt~Ea~, ~f~t{~ k~~; ~r..rl~~~.r~:t.
~~: ~izi~~€:-=tfilt~f.~ ~=jy` ~i:J~lC! t.)f~ t:ii":C{7~#(1t (:?~ ;3r11.fl~tT"l:~'C~i;~ tC. tttf: P~ilal(~~; ~3'il~.)[~~~;~f;t~~'
I'~+.;~lfE-'ril~'f11 ~.Ei4~~'. t~r~'~~°~ =)I"3 ~i~:EJ~}l.lf~t is:ii ~~1~ ~'~~:a~rl+;.'["iC;~' l.lfif.~~~r t~1E-~' I~~~Ir`~`rlityrlt,
:..
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~~if~ 1;c~tfr{rt~~~~,t ~iV~t.
1 ~ar~tril~}~itit~r,;; ~~.~}~~r.~ir'~;~I Qf P~~l~: ~~ura~y ~~ir~~i €t~ ~r~a~l~~y~y~~ ~ta~f~ Ear-1 ~~~~ E:,y°
Sul}oi{~ t~-~~~~:zr~<~y tc.~ ti~~ I":c~tir~r~~~r~t yet{~~€a~r ~vitf-rr~ fiftrr;~fr r~9~.ry~ ~~ftr_~r tl~~; r:r~~: oaf
tk`if~ ra~ri~_,~i tr:, ~~+i~~f E ~~ic:~ ~rantrika~.rti~r~~~ r~~f~yr~ car ~~ r~~_-~y k~~~. ~~r~~~~=ri~.~~c~ ~,y= Bc,~.~r
r~}4~~trl~iti~:~r~. If r~~~:>r~ ~~r I~:~ th~Gir~ tl~~c: ~~~~rr~:ct ~ir~r~~~~.~f~t ref c:rar~trik:~~~titar`~s i~ ~a~~i~ fc~r
rj,,o~ ~aftrrrc:>ci. t?r~~{t~~~r f, ~t~~r,tr~r7F~xr~tt ~i~t~ll I~+~ r7~~ic_~~ ire ~;c~r~r~~~~;ti~n ~~t1~ ~~~ta~;cf~~uint
1"t~lltt~ir,c;~=~. ~`l~:ljt.~~trt~~wr~ls ~>ri ~~ct,ct,~ir~t ~~f ~:rrc:~r~> ire cj~~ritri;?~~ti~ar~~ r~s°c~i.~ir~~~i ~trf
<=~r~y° ~v~f7~l,l~iy~~ t~ r~7~~y 1:~,€~ r~i~~c~~ ~a~r c~ir~;c;t ~~<~yr~ta~i~ft;~ I:~~t~,~~tfra tf~r~: t~.rr~~:~it~yNu~:.j <~r~rci
tl~~fc~ ~~~~,r~_
T~~t~ ~~r~r~i~n~fr~a~«t ~~-:<~11 kz~: ~ff~.ctiv~ cry tt», ~ c.7~:~~~ cif ____~`' ~ , ~ `
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