Karen -
This goes too far in my opinion in making this group Email too commercial .
It is to be used by members to pass along information not for commercial
plugs even under the guise of informationals ..If in the future, a member
asks for data about some Product or Service that you offer, I suggest that
you reply only to that person...For the rest of you commerical members
please learn from Karens mistake else I for one, will lobby to get you off
of the list!!
> -----Original Message-----
> From: Karen Zfaty [SMTP:[EMAIL PROTECTED]]
> Sent: Wednesday, March 22, 2000 5:28 PM
> To: [EMAIL PROTECTED]; CMTA members list; CSMFO members
> Subject: re: [CSMFO Members] 401A Plans
>
> As Trust Administrator for the Public Agency Retirement System, Phase II
> Systems currently and proudly administers 401(a) plans for 165 public
> agencies. We appreciate the opportunity to tell you more about what we
> do for our current client cities including:
>
> Alameda, Arroyo Grande, Azusa, Berkeley, Capitola, Carson, Chula Vista,
> Cypress, Duarte, Emeryville, Escondido, Fontana, Fountain Valley, Gardena,
> Gilroy, Glendale, Glendora, Hawthorne, Hayward, Huntington Beach, Irvine,
> La Quinta, Laguna Beach, Laguna Hills, Lake Forest, Lakewood, Long Beach,
> Manhattan Beach, Marysville, Milpitas, Modesto, Monrovia, Morro Bay, Napa,
> National City, Newport Beach, Norwalk, Oxnard, Pacifica, Palmdale,
> Pasadena, Petaluma, Pico Rivera, Poway, Ridgecrest, San Marcos, San
> Marino, San Rafael, Santa Clara, Santa Maria, Santee, Scotts Valley, Seal
> Beach, Signal Hill, South San Francisco, Temple City, Visalia, West
> Sacramento, Westminster, Woodland, and Yuba City.
>
> The plans we provide include Retirement Enhancement Plans, which
> supplement CalPERS current safety and non-safety plan formulas (e.g. 2% at
> 55), Alternate Retirement Plans for part-time, seasonal and temporary
> employees in lieu of Social Security, and Separation Incentive Plans
> (one-time Golden Handshakes e.g.).
>
> Most importantly, our Plans are not the cookie-cutter variety that other
> large providers may charge an arm and a leg for in upfront fees and
> embedded charges to investments. Rather, we specialize in custom-fitted
> plans that are tailored to each agency's specific needs and goals. We
> will also work with you on a fee structure that works best for your
> agency, but the fees will all be known and never buried in investments.
> Ask us about how to convert accumulated vacation and sick leave into
> pension plans. Ask us how to work Post Retirement Health Care into a
> supplemental 401(a) plan.
>
> Call us for more details on why more and more cities are establishing PARS
> 401(a) plans to supplement their current retirement programs. Our staff
> is made up of retirement/finance professionals who have years of
> experience in creating these plans. Our Consulting staff is led by Kevin
> Murphy, former City Manager of Newport Beach (1992-1998) and Alhambra
> (1983-1992) who understands the inner workings of city organizations and
> how to tailor the plan to meet your needs and obtain City Council
> approval.
>
> We can be reached at (800) 540-6369 x127 or contact us via the internet at
> the above address ([EMAIL PROTECTED]). You can also visit our website
> at www.parsinfo.org.
