Title
OPEB ACTUARIAL VALUATION REPORT UPDATE
Recommendation
Summary:
Staff will provide the Committee with an overview of the Fiscal Year 2025-26 actuarial valuation report prepared by the City's actuary.
Recommended Action:
Receive and file this report on the OPEB actuarial valuation update and concur with staff’s recommendation to deposit $1.4 million into the City’s Section 115 Pension Trust.