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Item 23 - Pension Debt Refinancing Update and Underwriter Selection
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Item 23 - Pension Debt Refinancing Update and Underwriter Selection
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4/9/2024 4:32:45 PM
Creation date
8/21/2023 4:38:50 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
23
Date
5/18/2021
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RFP No. 21-025 <br />ORgn,GeC EXHIBIT B <br />3 Our Process <br />o z <br />�ii.Sti6Si.�sitiiii <br />Analyze Pension liability <br />• Review Actuarial Reports, CAFR, & Model Bases <br />• Develop Pension Model <br />Evaluate Funding Strategies <br />• Budget & Financing Approaches <br />• Base Selection: Cash Flows vs. Savings <br />Pension Refinancing Analysis <br />• Recession Scenarios <br />• Market Timing Risk: Stress Test + Monte Carlo Simulation <br />Stakeholder Education & Communication <br />• City Council Presentation <br />• Adopt Pension Funding Policy <br />Develop Specific Plan + Implementation <br />• Pension Management Plan <br />9UFI — <br />
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