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10 TMRS Vesting Period
City-of-Paris
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November 12, 2001
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10 TMRS Vesting Period
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Last modified
11/8/2005 11:21:02 AM
Creation date
11/8/2001 4:08:10 PM
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Template:
AGENDA
Item Number
10
AGENDA - Type
DISCUSSION & DIRECTIONS TO STAFF
Description
TMRS Vesting Period Opt Out
AGENDA - Date
11/12/2001
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Page 2 <br /> <br />The Enclosed "Explanation of Items Included in the Reconciliation of the Municipal Contribution Rate for 2002 with <br />that of 2001" provides a description of each of the factors included in the reconciliation and its impact on the <br />contribution rate. <br /> <br />Also enclosed are the City's Updated Service Credit and Annuity Increases Study, effective January 1, 2002, and <br />an explanation sheet. This study indicates the plan cost should the City elect to improve its plan of benefits. Model <br />ordinances are available from TMRS to use to adopt any changes to your City's plan of benefits. <br /> <br />If you have any questions regarding the City's 2002 Municipal Contribution Rate, the reconciliation of the rate, or <br />the Updated Service credit and Annuity Increases Study please feel free to contact our office. <br /> <br /> Sincerely, <br /> <br /> Eric W. Davis <br /> Deputy Executive Director <br /> <br />Enclosures <br /> <br /> <br />
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