Agreement and Election to Prefund Other Post-employment Benefits - California

Agreement and Election to Prefund Other Post-employment Benefits - California

Agreement and Election to Prefund Other Post-employment Benefits is a legal document that was released by the California Public Employees' Retirement System - a government authority operating within California.

FAQ

Q: What is the Agreement and Election to Prefund Other Post-employment Benefits in California?
A: It is a document related to pre-funding of other post-employment benefits.

Q: What are other post-employment benefits?
A: Other post-employment benefits refer to benefits provided to employees after their retirement or employment termination, such as healthcare or life insurance.

Q: Why is pre-funding other post-employment benefits important?
A: Pre-funding other post-employment benefits helps ensure there are sufficient funds to provide these benefits to retired or terminated employees.

Q: Who is involved in the Agreement and Election to Prefund Other Post-employment Benefits?
A: The agreement is typically between an employer and the employees or their representatives.

Q: What does the agreement entail?
A: The agreement outlines the terms and conditions for prefunding other post-employment benefits, including the amounts to be contributed and the investment strategies to be used.

Q: Is the Agreement and Election to Prefund Other Post-employment Benefits mandatory in California?
A: No, it is not mandatory, but it can be a beneficial option for employers to ensure the financial sustainability of providing other post-employment benefits.

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Form Details:

  • Released on November 1, 2017;
  • The latest edition currently provided by the California Public Employees' Retirement System;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the California Public Employees' Retirement System.

Download Agreement and Election to Prefund Other Post-employment Benefits - California

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