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5C Consent
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Packet 20231218
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5C Consent
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Last modified
3/21/2024 5:57:54 PM
Creation date
12/15/2023 1:25:22 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
12/18/2023
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File Number: 23-607 <br />changing market conditions. <br />Investment returns are as follows. Please refer to the attached investment report for details. <br />Trust 1 Year 3 Years 5 Years 10 Years Inception to Date <br />OPEB 6.24%-0.21%2.50%3.55%4.89% <br />Pension 10.69%N/A N/A N/A -4.80% <br />REVIEW BY FINANCE COMMITTEE <br />The City Council Finance Committee reviewed the City Section 115 Other Post-Employment <br />Benefits (OPEB) and Pension Trust Investment Report for the quarter ended September 30, 2023 <br />on November 28, 2023 and unanimously recommended the report be moved to the City Council <br />for acceptance. <br />ATTACHMENTS <br />·Attachment A - Resolution Accepting Other Post-Employment Benefits (OPEB) and Pension <br />Trust Investment Report <br />·Attachment B - Investment Report for the Quarter Ended September 30, 2023 <br />PREPARED BY <br />T. Michael Yuen, Finance Director <br />Page 2 City of San Leandro Printed on 12/13/2023
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