FINANCIAL_SERVICESPENDING

City of Sanger Council Meeting Agenda March 2026

City Moves to Amend CalPERS Retirement Contract

City of SangerBOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM CALPERSMarch 19, 2026

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Description

The Sanger City Council is scheduled to adopt a Resolution of Intention to amend its contract with the CalPERS Board of Administration. The planned amendment would eliminate the 3.56% employee cost share of the employer’s retirement contribution.

Contract Details

Vendor

BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM CALPERS

Agency

City of Sanger, CA

Contract Type

FINANCIAL_SERVICES

Document Date

March 19, 2026

Renewal Info

Amendment would modify the existing CalPERS pension contract to remove a 3.56% employee cost share of the employer contribution; formal contract amendment to be processed after adoption of the Resolution of Intention.

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