Receive May investment reports and approve $21,500 increase for pension consulting

Labor & City WorkersContracts

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In Plain English

The city hires an outside firm to calculate retirement benefits and manage pension investments. The current contract expires soon and needs more money to continue operations. If approved, total spending on these services reaches $166,500 through June 2025.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember ZepedaSeconded by: Councilmember Willis
Passed