Common use of Administrative Funding Clause in Contracts

Administrative Funding. The Contractor will provide funding for the administrative costs that the County incurs in overseeing and maintaining the Plan. The current administrative budget is $225,000 per annum increased annually by the California CPI for the previous calendar year.

Appears in 4 contracts

Sources: Comprehensive Defined Benefit and Defined Contribution Administrative and Investment Services Agreement, Retirement Plan Administrative and Investment Services Agreement, Retirement Plan Administrative and Investment Services Agreement

Administrative Funding. The Contractor will provide funding for the administrative costs that the County incurs in overseeing and maintaining the Plan. The current administrative budget is $225,000 per annum increased annually by the California CPI for the previous calendar year.

Appears in 4 contracts

Sources: Comprehensive Defined Benefit and Defined Contribution Administrative and Investment Services Agreement, Retirement Plan Administrative and Investment Services Agreement, Retirement Plan Administrative and Investment Services Agreement