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AGREEMENT <br />TO POOL <br />1959 SURVIVOR BENEFITS ASSETS AND LIABILITIES <br />BETWEEN THE <br />BOARD OF ADMINISTRATION <br />OF THE <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br />AND THE <br />CITY COUNCIL <br />OF THE <br />CITY OF COLTON <br />WHEREAS, Government Code Section 21574 provides for a single employer rate to be <br />established to provide benefits under said Section on account of members <br />employed by contracting agencies electing to include the provision of said Section <br />in their contracts; and <br />WHEREAS, Government Code Section 21574, requires pooling of all assets and liabilities of all <br />contracting agencies subject to said Section; <br />NOW, THEREFORE BE IT AGREED, that assets and liabilities of the City of Colton and its <br />covered employees shall be pooled pursuant to the provisions of Government Code <br />Section 21574. <br />BOARD OF ADMINISTRATION <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br />BY <br />KENNETH W. MARZION, CHIEF <br />ACTUARIAL & EMPLOYER SERVICES DIVISION <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br />PERS-CON-59 (Rev. 7/96) <br />CITY COUNCIL <br />OF THE <br />Date 6 / q r <br />