FINANCIAL_SERVICESPENDING

$3.5 Million Pension Trust Transfer Proposed

Montecito Fire Protection District plans a $3.5 million transfer from its PARS Pension Trust to CalPERS, matching use of general funds in a $7 million liability reduction effort. Board approval required for trust disbursement.

Document date · March 22, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$3,500,000 (transfer to CalPERS)
Contract type
FINANCIAL_SERVICES
Contract term
Transfer to be executed in Fiscal Year 2025-26 alongside discretionary CalPERS payment
Renewal date
2026-03-31
Renewal
One-time transfer; additional future transfers subject to new Board actions.
Document type
Agenda
Source document
Montecito Fire Protection District Board of Directors Meeting Agenda March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Montecito Fire Protection District?

Pars (public Agency Retirement Services) was awarded this financial services contract by Montecito Fire Protection District, as recorded on March 22, 2026. The contract value is $3,500,000 (transfer to CalPERS).

How much is the Pars (public Agency Retirement Services) contract with Montecito Fire Protection District worth?

The Pars (public Agency Retirement Services) contract with Montecito Fire Protection District is valued at $3,500,000 (transfer to CalPERS), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Montecito Fire Protection District Board of Directors Meeting Agenda March 2026 (Agenda), dated March 22, 2026 from Montecito Fire Protection District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pars (public Agency Retirement Services) hold?

Pars (public Agency Retirement Services) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Pars (public Agency Retirement Services)'s profile

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