FINANCIAL_SERVICESONGOING

Sausalito-Marin City Sanitary District AgendaPacket Special Board Meeting 2026-05-12

District Prefunds Pension Costs Through CEPPT Trust

$1,200,000 initial funding (current balance $1,299,597 as of March 31, 2026)Sausalito-Marin City Sanitary DistrictCALIFORNIA EMPLOYERS’ PENSION PREFUNDING TRUSTMay 12, 2026

Trusted by teams at

Description

The Sausalito-Marin City Sanitary District continues its participation in the California Employers’ Pension Prefunding Trust to prefund CalPERS pension liabilities. The trust was initially funded with $1.2 million and has grown to nearly $1.3 million by March 31, 2026.

Contract Details

Contract Amount

$1,200,000 initial funding (current balance $1,299,597 as of March 31, 2026)

Vendor

CALIFORNIA EMPLOYERS’ PENSION PREFUNDING TRUST

Agency

Sausalito-Marin City Sanitary District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

Renewal Info

Ongoing participation in CEPPT 115 Trust; no fixed end date specified and contributions may be made as needed to address pension liabilities.

Issuing Agency

Sausalito-Marin City Sanitary District

Special District

Sausalito, CA

View agency profile

Vendor