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Cucamonga Valley Water District |
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Code of Ordinances |
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Title 3. REVENUE AND FINANCE POLICIES |
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Chapter 3.12. PARS INVESTMENT POLICY |
| § 3.12.010. Purpose. |
| § 3.12.020. Investment Authority. |
| § 3.12.030. Statement of Investment Objectives. |
| § 3.12.040. Investment Guidelines. |
| § 3.12.050. Time Horizon. |
| § 3.12.060. Liquidity and Diversification. |
| § 3.12.070. Asset Allocation. |
| § 3.12.080. Rebalancing Philosophy. |
| § 3.12.090. Risk Tolerance. |
| § 3.12.100. Performance Expectations. |
| § 3.12.110. Selection of Investment Managers. |
| § 3.12.120. Guideline for Portfolio Holdings. |
| § 3.12.130. Limitations on Managers' Portfolios. |
| § 3.12.140. Cash Equivalents. |
| § 3.12.150. Portfolio Risk Hedging. |
| § 3.12.160. Prohibited Investments. |
| § 3.12.170. Safekeeping. |
| § 3.12.180. Control Procedures. |
| § 3.12.190. Adoption of Investment Policy Statement. |
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The Cucamonga Valley Water District PARS Retirement Enhancement Plan ("Plan") is a defined benefit pension program qualified under Section 401(a) of the Internal Revenue Code and part of the Public Agency Retirement System (PARS), based on the PARS Retirement Enhancement Plan. The Plan is sponsored by Cucamonga Valley Water District ("District"). This Plan provides retirement benefits for eligible retired employees of the District and their beneficiaries who meet the age and service requirements outlined in the plan document. The Plan is administered by the District. It is the responsibility of the District to 1) establish an investment policy consistent with the objectives of the Plan, 2) review the investment policy at appropriate intervals, and 3) communicate the policy to any and all other persons delegated or appointed by the District to manage or direct the investment of the Plan. |
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( Res. No. 2015-8-4, § 1(Policy No. 8.6), 8-25-2015 ; Res. No. 2018-9-2 , § 1, 9-25-2018) |