City of Coral Gables

File #: 24-7719    Version: 1 Name:
Type: Resolution Status: Noted and Filed
File created: 6/25/2024 In control: City Commission
On agenda: 7/9/2024 Final action: 7/9/2024
Enactment date: Enactment #:
Title: A Resolution of the Coral Gables Retirement Board recommending that the City of Coral Gables Commission stay the course and continue to make additional payments to fund the pension unfunded liability as agreed to with the Retirement Board, Resolution 2015-271 and past practices, so that unless there are unexpected market conditions, the Unfunded Liability is fully paid off by 2032.
Attachments: 1. Resolution 2023-08-10 (funding)

Title

A Resolution of the Coral Gables Retirement Board recommending that the City of Coral Gables Commission stay the course and continue to make additional payments to fund the pension unfunded liability as agreed to with the Retirement Board, Resolution 2015-271 and past practices, so that unless there are unexpected market conditions, the Unfunded Liability is fully paid off by 2032.

Body

[Enter Brief History/Summary Here]

 

Recommended Action

[Enter Recommended Action Here]