CITY OF HAYWARD - File #: RPT 19-281

• File #: RPT 19-281
• Section: Informational Report
• Status: Agenda Ready
• Meeting Body: Council Budget and Finance Committee
• Agenda Date: 5/15/2019
• Subject: Annual City Benefit Liabilities and Funding Plan Review

Date	Action By	Action	Result
5/15/2019	Council Budget and Finance Committee

DATE:      May 15, 2019

TO:           Council Budget and Finance Committee

FROM:     Director of Finance

SUBJECT                     

Title                      

Annual City Benefit Liabilities and Funding Plan Review                                                             

End
RECOMMENDATION

Recommendation

That the Committee reviews and comments on the status of the City’s benefit liabilities and confirms current policies regarding funding the City’s benefit liabilities.

SUMMARY

The City of Hayward actively manages its benefit liabilities and completes actuarial valuations for many of its long-term benefit liabilities. This report provides an overview of the balances and funding status of the City’s benefit liabilities.

ATTACHMENTS

Attachment I                                          Staff Report