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HomeMy WebLinkAboutDocumentation_Pension Public Safety_Tab 10.9a_02/08/2016I th 1:9 LVI 11111561 zy—ANN0111h I TO: Board of Trustees FROK Bonni S Jensenf;), Fund Legal Counsel DATE: January 2016 This is to inform you that the Internal Revenue Service ("IRS") released its updated Standard Mileage Rate for 2016. The new rate is 54 cents per mile for miles driven after January 1, 2016, This is down from last year's 57.5 cents, As you know from previous years, the mileage rate can fluctuate within the same year. We will do our best to keep you and the administrator informed. You can find the current rate at the link below. www,irs,gov/uac/Newsroom/2016-Standard-Mileage-Rates-for-Business-Medical- and-Moving-Announced If you have any questions, please do not hesitate to contact us. BSJ/pah Enclosure E -Copy: Afthstrator 00065961 XVPD; 1 7080 NORTHWES'r 4,m STREET, PLANTYMON, Fj-oRIDA 333 17 Pwr)Nti: (954) 916-1202 - FAX: (9 4) 916-1232 www.i-obertdklausner.corn M