Common use of Records Retention and Review Clause in Contracts

Records Retention and Review. (a) The ERS shall maintain records covering The City's 457 Plans’ functions. Reports of administrative functions performed by the ERS shall be provided to The City upon request of The City. Although the ERS is responsible for the maintenance of the records, The City is the legal custodian of all 457 Plan records and documents. Upon termination of this Agreement all records and documents shall be made available to The City by the effective date of such termination. (b) No information with respect to the administrative functions of the 457 Plan shall be disclosed by the ERS without prior written permission of The City. (c) Any duly authorized representative or representatives of The City shall have the right to examine such records during regular business hours of the ERS, upon five (5) days' advance written notice to the ERS.

Records Retention and Review. (a) The ERS shall maintain records covering The City's 457 Plans’ the 401 Plan functions. Reports of administrative functions performed by the ERS shall be provided to The City upon request of The Cityon an as-needed basis. Although the ERS is responsible for the maintenance of the records, The City is the legal custodian of all 457 401 Plan records and documents. Upon termination of this Agreement all records and documents shall be made available to The City by the effective date of such termination. (b) No information with respect to the administrative functions of the 457 401 Plan shall be disclosed by the ERS without prior written permission of The City. (c) Any duly authorized representative or representatives of The City shall have the right to examine such records during regular business hours of the ERS, upon five (5) days' ’ advance written notice to the ERS.written