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8F Consent 2009 0518
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8F Consent 2009 0518
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Last modified
5/15/2009 10:48:02 AM
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5/15/2009 10:48:00 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
5/18/2009
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_CC Agenda 2009 0518
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 0518
Reso 2009-067
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
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Establishment of OPEB Trust May 18, 2009 <br />_Code Compliance Review <br />N/A <br />Board/Commission Findings <br />N/A <br />Summary Of Public Outreach Efforts <br />N/A <br />Fiscal Impact <br />Authorizes contribution to OPEB Trust of $500,000 from City's Self Insurance Fund from funds <br />reserved for this purpose for fiscal year 2008-09. <br />Budget Authority <br />N/A <br />Attachments <br />• Resolution <br />• Adoption Agreement to the Public Agencies Post-Retirement Health Care Plan <br />• Public Agencies Post-Retirement Health Care Plan -Master Plan Document <br />• Public Agencies Post-Retirement Health Care Plan -Trust Agreement <br />CONCLUSION <br />Staff recommends establishment of an OPEB Plan and Trust and authorization to make a <br />contribution of $500,000 to the OPEB Trust for 2008-09, prior to July 1, 2009, from the Self <br />Insurance Fund. <br />
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