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~~Qw a~-~~-~r <br />~ ~~ r <br />~~Z <br />." <br />w <br />Jj ,~~ .~l <br />'~'~~~' j~]iAJ~~~~~~ ~~~~~~j~~~'~' ~~~r~,~j~ 1200 NORTH INTERSTATE 35, AC 512/476.7577 <br />~~^w~v ~~d 'ya POST OFFICE BOX 2225 <br />' AUSTIN, TEXAS 78768 <br />December 23, 1982 <br />Tv: THE CITY GFFICIr1L AGDRE~SEG <br />SUBJECT: DISTRIBUTION OF INVESTMENT INCOME <br />AND YEAR END REPORTING DEADLINES <br />Investment earnings for 1982 have been very favorable. As a result, the Board of <br />Trustees has authorized the allocation of 10.896 interest to employee and <br />municipal accounts for 1982. The Board also authorized a distributive benefits <br />payment to all persons receiving annuity checks equal to two and one-half times <br />their regular monthly annuity. This distributive benefit will be paid along with <br />the December annuities. <br />In order for us to complete all of our year-end work and furnish your employees <br />with their Annual Statements of Deposits and Estimated Retirement Benefits on a <br />timely basis, it is necessary that we receive the December payroll report from all <br />cities as soon after January 1st as possible. <br />Therefore, we are asking you to assist us by submitting your report as soon as <br />possible. If you foresee any circumstances which would result in you being unable <br />to mail your report on or before January 15th, please notify me. <br />Thank you for your assistance and cooperation. <br />We wish you a joyful Holiday Season and a fruitful New Year. <br />,S~ncerely, <br />~~a.,_.. <br />Jimmie L. Mormon, Director <br />JLM/lc <br />