California Employers' Pension Prefunding Trust (CEPPT) Certification of Funding Policy is a legal document that was released by the California Public Employees' Retirement System - a government authority operating within California.
Q: What is the California Employers' Pension Prefunding Trust (CEPPT)?
A: The California Employers' Pension Prefunding Trust (CEPPT) is a trust established by California employers to prefund pension obligations.
Q: What is the purpose of CEPPT?
A: The purpose of CEPPT is to provide California employers with a mechanism to prefund their pension obligations.
Q: Who establishes the CEPPT?
A: The CEPPT is established by California employers.
Q: What is the Certification of Funding Policy?
A: The Certification of Funding Policy is a document that outlines the funding policy of the CEPPT.
Q: What does the Certification of Funding Policy include?
A: The Certification of Funding Policy includes details about the funding strategy, investment policy, and other relevant information of the CEPPT.
Q: Why is the Certification of Funding Policy important?
A: The Certification of Funding Policy is important as it provides transparency and accountability in the management of pension funds.
Q: Who is responsible for certifying the Funding Policy?
A: The employer sponsoring the CEPPT is responsible for certifying the Funding Policy.
Q: What happens if an employer fails to certify the Funding Policy?
A: If an employer fails to certify the Funding Policy, it may result in penalties or other consequences.
Q: Is participation in the CEPPT mandatory for California employers?
A: Participation in the CEPPT is voluntary for California employers.
Q: Can the Certification of Funding Policy be amended?
A: Yes, the Certification of Funding Policy can be amended with approval from the employer sponsoring the CEPPT.
Form Details:
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.