File #: 06-00484    Version: 1
Type: Agenda Item Status: Passed
File created: 5/17/2006 In control: BOARD OF SUPERVISORS
On agenda: 5/23/2006 Final action: 5/23/2006
Title: Consider the recommendations regarding the actuarial study of retirement benefit changes for safety members in the Fire and Probation Departments, as follows: a) Receive and file the report from the Retirement System's actuary regarding the anticipated financial impact of implementing changes in retirement benefits (FAS-3 and half-rates) for Safety members in the Fire and Probation Departments; and b) Receive and file the letter from the Retirement System's actuary regarding the cost of including standby pay as pensionable earnings.
Sponsors: HUMAN RESOURCES DEPARTMENT
Attachments: 1. Board Letter/Attachments
Title
Consider the recommendations regarding the actuarial study of retirement benefit changes for safety members in the Fire and Probation Departments, as follows:
 
a) Receive and file the report from the Retirement System's actuary regarding the anticipated financial impact of implementing changes in retirement benefits (FAS-3 and half-rates) for Safety members in the Fire and Probation Departments; and
 
b) Receive and file the letter from the Retirement System's actuary regarding the cost of including standby pay as pensionable earnings.
Body
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