FINANCIAL_SERVICESAMENDED

Las Gallinas Valley Sanitary District of Marin County Resolution Authorizing an Amendment to the Contract 2026-05-21

District Amends Longstanding CalPERS Retirement Contract

Las Gallinas Valley Sanitary DistCALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEMMay 21, 2026

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Description

Las Gallinas Valley Sanitary District approved an amendment to its longstanding CalPERS contract, updating benefit formulas, cost‑sharing provisions, and contribution terms for its local miscellaneous employees. The amendment continues the District’s participation in the California Public Employees' Retirement System under revised statutory options and administrative cost arrangements.

Contract Details

Vendor

CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM

Agency

Las Gallinas Valley Sanitary Dist, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 21, 2026

Contract Term

Effective date of amendment B (date to be inserted) onward; original contract effective February 1, 1971 with prior amendments in 1983, 1986, 1998, 2005, 2006, 2016, 2017, and 2019

Renewal Info

This is a further amendment to the CalPERS participation contract originally effective February 1, 1971, previously amended multiple times; the new amendment becomes effective on the to‑be‑inserted date in Section B and supersedes prior paragraphs 1–15 as of that date.

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