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5D Consent
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2023
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Packet 20231218
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5D Consent
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Last modified
3/21/2024 5:57:54 PM
Creation date
12/15/2023 1:25:24 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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PERM
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• 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 />Review of Funding Policy <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 target funding levels. Modifying amendments shall only be approved by the City Council.
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