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. <br /> <br /> <br />Consulting Services Agreement between City of San Leandro and Foster & Foster 12/12/2022 <br />Actuarial Consulting Services for CalPERS Analysis Exhibit B – Page 1 of 1 <br />EXHIBIT B <br /> <br />COMPENSATION SCHEDULE & REIMBURSABLE EXPENSES <br /> <br />The following table summarizes the projects and fees: <br /> <br />Project Options Fees <br /> CalPERS review, contribution projections and staff meeting $ 9,500 <br /> Optional <br />Additional contribution analysis, including projections with payments to <br />CalPERS or Supplemental trust) <br />$ 4,500 <br /> Optional <br />Council presentation <br />$ 3,000 <br /> Total (Includes all options) $ 17,000 <br /> <br /> The above time is estimated and does not include time for: <br /> Formal Report. The project includes a discussion outline with significant detail. This <br />document is not meant to be a stand-alone explanation to give to Council. A Formal Report <br />is a stand-alone report summarizing results. Our fees to prepare this will be approximately <br />$3,500. <br /> More than 1 meeting. The above fees include a (virtual) meeting to discuss results with the <br />City. Additional meetings (e.g., Council, Committee, or bargaining group meetings) will increase <br />the above time by actual meeting and preparation time. If no additional work is necessary, then <br />fees will be $1,500 to $2,500 for an additional virtual meeting. <br /> Additional scenarios for pension obligation bond analysis <br /> <br />DocuSign Envelope ID: 1BEB6A68-E2EB-4930-BE17-88C23D3970B2