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SFGTV April 12, 2015

Recommendation to offer loans in the compensation plan. Good afternoon, commissioners in during labor negotiations in 2013, the labor unions and city agreed to present to the retirement board a request that the f d c p offer loans in a plan and staff and other folks in junction weve done research theres theres burdens in having such programs and definitely administrative work that will be added but despite that we had recommended and the committee has approved bringing to you for approval a loan Program Large items part of the loan program include the only active participant would be eligible for loans a written repayment agreement is required and collateral requirement and under the internal ref reviewing revenue no more than 50 percent of your balance 50,000 for all loans combined ass and the reasonable Interest Rate is required were recommending prime plus one percent and th ....

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SFGTV April 22, 2015

Other folks in junction weve done research theres theres burdens in having such programs and definitely administrative work that will be added but despite that we had recommended and the committee has approved bringing to you for approval a loan Program Large items part of the loan program include the only active participant would be eligible for loans a written repayment agreement is required and collateral requirement and under the internal ref reviewing revenue no more than 50 percent of your balance 50,000 for all loans combined ass and the reasonable Interest Rate is required were recommending prime plus one percent and the alongside you must be repaid within 5 years unless the irs they have strict rules if you qualify those are loans can be repaid within 15 years a participant firemens their employment before the term their accelerated and one of the personality to insure ....

San Francisco , United States , Matt Haney , Warren Buffett , Committee Approved , Loan Program , Program Large , Large Items , Interest Rate , City Employee , Fund Plan , Administrative Burden , Payment Option , Bus One , Loan Loan , Big Issue , Pay Back , Kids College , College Number , Number Two , Public Comment , Goldberg Companies , Year Committee , Committee Looked , Item Number , Fund Get ,

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