Examples of Public retirement system in a sentence
Public retirement system assets may be invested in private corporate capital stock.
Public retirement system assets may be invested in private corporate capital stock.(4) Investment of state compensation insurance fund assets shall be managed in a fiduciary capacity in the same manner that a prudent expert acting in a fiduciary capacity and familiar with the circumstances would use in the conduct of a private insurance organization.
New members are defined as employees that: 1) have never worked for a CalPERS agency, 2) have worked previously for a CalPERS agency, and had a break in service of greater than 6 months, or 3) have never worked for a CalPERS agency and are not eligible for recirocity with another Public retirement system.
However, if the quantity of dredged material exceeds the volume needed for disposal needed to construct the polar bear wildlife corridor, the Corps concluded that disposal of excess dredged material at the location proposed by the applicant, 0.75- mile to the west, is acceptable.
Public retirement system assets, including income and actuarially required contributions, shall not be encumbered, diverted, reduced, or terminated and shall be held in trust to provide benefits to participants and their beneficiaries and to defray administrative expenses.(2) The governing boards of public retirement systems shall administer the system, including actuarial determinations, as fiduciaries of system participants and their beneficiaries.