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Item 21 - Consider Pension Debt Refinancing and Policy
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Item 21 - Consider Pension Debt Refinancing and Policy
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4/10/2024 8:25:45 AM
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8/22/2023 8:46:55 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
21
Date
2/2/2021
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Consider Pension Debt Refinancing and Policy <br />February 2, 2021 <br />Page 4 <br />30% <br />20% <br />10% <br />0% <br />-10% <br />-20% <br />-30% <br />CaiPERS Returns - Actual vs. Assumption <br />�ti p p ��h �� &� &$ &� Y oy ley <br />y oya oll oy� oti� oy� o�� oyo <br />ti ti ti ti� ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti <br />Actual Assumption <br />The following chart summarizes the City's contributions over the last three (3) years, the <br />budget for the current year, and the CalPERS projections for the next six (6) years. <br />CalPERS projections used for this chart do not factor in the 4.7% investment return for <br />the year ended June 30, 2020. <br />Ca! P ERS Contributions in Dollars <br />$90,000,000 <br />$80,000,000 <br />$70,000,000 <br />$60,000,000 <br />$50,000,000 <br />$40,000,000 <br />$30,000,000 <br />$20,000,000 <br />$10,000,000 <br />ti� ti� ti° titi titi ti� ti°` tih ti� ti� <br />oll 0 Misc Normal Cast 0 Safety Normal Cast 0 Misc Liability Payment 0 Safety Liability Payment <br />
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