TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Trang Nguyen, Finance Director
1. Subject
title
California Public Employee’s Retirement System annual valuation report as of June 30, 2022.
body
2. Summary
A presentation providing an update of the City’s pension liability based on the actuarial valuation report as of June 30, 2022, for the Miscellaneous and Safety Plan.
3. Recommended Action
recommendation
Receive and file.
end
4. Fiscal Impact
None.
5. Strategic Plan Goals
Goal 2: Be a fiscally healthy community
a: Expend fiscal resources responsibly.
6. ATTACHMENTS
• None