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R90-58 AUTHORIZING AN AGREEMENT WITH WILLIAM M. MERCER, INCORPORATED
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R90-58 AUTHORIZING AN AGREEMENT WITH WILLIAM M. MERCER, INCORPORATED
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8/4/2016 3:10:43 PM
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8/4/2016 3:10:43 PM
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Resolution/Ordinance
Res Ord Num
R90-58
Res Ord Title
AUTHORIZING AN AGREEMENT WITH WILLIAM M. MERCER, INCORPORATED FOR ACTUARIAL STUDIES OF THE POLICE AND FIRE PENSION FUNDS
Approved Date
5/7/1990
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, � . � � �•���'i..�'.�„�i� ;���. <br /> � � ��C� <br /> „�,,..,��,, <br /> April 10, ly9O <br /> Beth Couter <br /> Page Two <br /> Police Pension Fund $ �,6()0 <br /> Firemen's Pension Fund � 00 <br /> Total $10,900 <br /> The charges shown do not include certain special services that may be needed. <br /> Examples of such special services include forecast studies, individual benefit <br /> calculations, and asset planning services. <br /> In providing services, we strive to relate our fees to the value of the services we <br /> provide. Protessionals with appropriate experience and skill levels complete <br /> assignments such that etficient service is provided at the lowest hourly rate <br /> posSi�le. <br /> Ti—m�ng <br /> We esiimate that both valuations will be completed within five weeks after the <br /> receipt ot the necessary data. Any special projects will be completed in <br /> accordance with your needs. <br /> We thank you tor asking us to present this proposal and we look forward to <br /> continuing working with the City. <br /> Verv truly hours, <br /> William v1. Vlercer, Incorporated <br /> Neil iV1. Shore, A.S.A. I <br /> NMS/mak <br />
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