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HEARING - Consider recommendations regarding the implementation of Government Code Section 31648.3, authorizing purchase of retirement service credit by laid-off employees, as follows: (EST. TIME: 15 MIN.)
a) Consider cost information requested by the Board of Supervisors on July 15, 2003, related to Purchase of Retirement Service Credit;
b) Provide direction to staff whether to return to the Board with amendments to Board Resolution No. 03-226, which established the Purchase of Retirement Service Credit Program.
COUNTY ADMINISTRATOR'S RECOMMENDATION: POLICY
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