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scotts-valley-fire-protection-district-agenda-2024-11-13_f4f.pdf

SVFPD Invests Pension Prefunding Assets in CEPPT

$150,000 initial, $300,000 additional, net assets $470,568 as of Sep 30, 2024Scotts Valley Fire Protection DistrictCALIFORNIA EMPLOYERS’ PENSION PREFUNDING TRUST (CEPPT)November 13, 2024

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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.

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