Examples of Annual Valuation Report in a sentence
Thereafter, the annual required contribution will be determined by subsequent CalPERS Annual Valuation Report for that fiscal year.
For FY 17/18 the most recent Annual Valuation Report was as of June 30, 2015.
Not withstanding the above, City shall provide to the leadership of the MPOA a copy of the Annual Valuation Report that City receives related to the Safety and/or Miscellaneous Employees’ or Employer’s CalPERS retirement contributions within two weeks of receipt thereof.
In addition, the contribution amounts will be based on the City Actuary’s review of most recent CalPERS Annual Valuation Report.
Employees participating in the PERS 2.5% @ 55 formula will pay 50% of the total normal cost as determined by the CalPERS Annual Valuation Report.
Unless negotiations are opened earlier, City and MPOA agree to open negotiations within a reasonable time after City’s receipt of the Annual Valuation Report showing that the Employer’s share of the retirement costs is going to increase in the next fiscal year.
Technique: Inverted PyramidEnclosed are the following items for the ABC Corporation 401(k) Profit Sharing Plan and Trust for the plan year ending 12/31/2010:• Annual Valuation Report in electronic format on the enclosed CD;• Annual Return (Form 5500) for your signature and filing with the government;• Summary Annual Report (SAR); and• Participant Certificates.
Employees participating in the PEPRA PERS formula of 2.0% @ 62 (2.5% @ 67) will pay 50% of the total normal cost as determined by the CalPERS Annual Valuation Report.
Employees participating in the PERS 2.0% @ 60 formula will pay 50% of the total normal cost as determined by the CalPERS Annual Valuation Report.
Sometimes we have agreed what the increased fee would be given a change in assumptions.