City of Carpinteria Staff Report Quarterly Review of Pension Stabilization Trust 2026-01-26
Keenan Administers Pension Stabilization Multi-Employer Trust
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Description
The City of Carpinteria participates in the California Public Entity Pension Stabilization Trust administered by Keenan Financial Services and Benefit Trust Company. Keenan supports administration of the multiple-employer trust structure that houses the City’s pension stabilization assets.
Contract Details
Vendor
KEENAN FINANCIAL SERVICES
Agency
City of Carpinteria, CA
Contract Type
FINANCIAL_SERVICES
Document Date
January 26, 2026
Renewal Info
Ongoing administrative role in the multiple-employer pension stabilization trust with no stated end date; renews as long as the City participates in the trust.
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