SVFPD Invests Pension Prefunding Assets in CEPPT
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Description
SVFPD continues pension prefunding via the CEPPT trust administered by CalPERS, supporting long-term retirement payment obligations.
Contract Details
Contract Amount
$150,000 initial, $300,000 additional, net assets $470,568 as of Sep 30, 2024
Vendor
CALIFORNIA EMPLOYERS’ PENSION PREFUNDING TRUST (CEPPT)
Agency
Scotts Valley Fire Protection District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
November 13, 2024
Contract Term
05/20/2021 – 09/30/2024 (ongoing investment trust)
Renewal Info
Participation is ongoing unless terminated or liquidated by agency.
More from CALIFORNIA EMPLOYERS’ PENSION PREFUNDING TRUST (CEPPT)
Issuing Agency
Fire District
Scotts Valley, CA
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