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Packet 11212022
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10d Consent
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Last modified
9/30/2025 3:57:06 PM
Creation date
11/22/2022 11:28:39 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
11/21/2022
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Reso 2022-200 OPEB and Pension Funding policy
(Amended)
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\City Clerk\City Council\Resolutions\2022
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employees, City retirees, and City employee organizations. To maintain transparency, the <br />following information shall be regularly made available: <br /> <br />• The biennial actuarial valuation for the City’s OPEB and Pension Plans. <br />• Quarterly OPEB Trust and Pension Trust investment reports shall be presented to the <br />Finance Committee. <br />• The City’s investment strategy shall be presented annually to the City Council. <br /> <br />Review of Funding Policy <br /> <br />The City Council may review and modify this OPEB and Pension Funding Policy. This OPEB <br />and Pension Funding Policy shall be reviewed annually to ensure its overall objectives and <br />review of target funding levels. Modifying amendments shall only be approved by the City <br />Council.
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