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2009/02/10 California Public Employees' Retirement System (CalPers) Public Agency Contract Services, employee retirement services Actuarial &Employer Services Branch -1 P.O. Box , CA - ECEIVY Sacramento, CA 94229-2709 Telecommunications Device for the Deaf (916) 795-3240 Ca1PERS (888)CalPERS (225-7377) FAX(916)795-3005 MAR 2 3' 2009 March 18, 2009 ORG ID #13093 Reply to Section 126 Ms. Misty V. Cheng Director of Finance City of Menifee 29683 New Hub Drive, Ste., C Menifee Dear Ms. Cheng: The Actuarial Valuation Contract (PERS-CON-6A) has been executed by CalPERS. Enclosed is a copy for your files. If you have any questions regarding your contract, please do not hesitate to contact our office at (888) CalPERS (225-7377). Sincerely, CC�� Public Agency Contract Services JF:pm Enclosure California Public Employees'Retirement System www.calpers.ca.gov CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Branch Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (888) CalF =RS (225-7377) CONTRACT OF THE CITY OF MENIFEE WITH THE BOARD OF ADMINISTRATION CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM FOR AN ACTUARIAL VALUATION AS STATED HEREIN By this AGREEMENT made this 07H day of F"P-%;A4zJ in accordance with and subject to the provisions of the Public Employees' Retirement Law by and between the governing body of the above public agency, hereinafter referred to as Public Agency, and the Board of Administration, California Public Employees' Retirement System, hereinafter referred to as Board, Public Agency and Board agree as follows: A. Public Agency herewith retains the services of said Board to perform the valuations required by Section 20466 of the Public Employees' Retirement Law for the purpose of determination by the Board of Administration of the Public Employees' Retirement System of the contributions to be made by Public Agency if a contract is entered into with said Board which provides for benefits as described in the attached "Exhibit". B. Public Agency will pay $700.00 to the Retirement System upon completion of the actuarial valuation, such fee being based on the number of membership categories involved. C. Any and all data and information requested by the Board from Public Agency for use in compilation of this valuation shall be furnished upon request. The actuarial tables and procedures to be used in the valuation shall be in accordance with the tables approved by said Board of Administration. Board shall have sole control of the valuation and its judgement in the determination thereof shall be final and conclusive. All work sheets and final results and reports, the product of the valuation, shall be and remain the Property of the Board. Witness our hands the day and year first above written. BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF MENIFEE BY )AA BY v� LORI kCbAFITLAND, CREF PRESIDING OFFICER EMPLOYE ERVICES DIVISION PUBLIC EMPLOYEES' RETIREMENT SYSTEM Valuation Contract PERS CON-6A(Rev.10/05)