DATE: April 18, 2018
TO: Council Budget and Finance Committee
FROM: Director of Finance
SUBJECT
Title
CalPERS Update
End
RECOMMENDATION
Recommendation
That the Committee reviews and comments on the CalPERS Update.
End
SUMMARY
This report provides a review of the June 30, 2016 CalPERS Actuarial Valuation Report, and includes projected future fiscal impacts associated with CalPERS’ change in assumed discount rate from 7.5 percent to 7.0 percent for the plan.
ATTACHMENTS
Attachment I Staff Report