City of Paramount City Council Agenda April 28, 2026
City to Adopt OPEB/Pension 115 Trust with Shuster
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Description
Paramount City Council will consider adopting Resolution 26:011 to move its OPEB/Pension assets into a Multiple Employer 115 Trust administered by Shuster Advisory Group, LLC, discontinuing the City's participation in the CalPERS CERBT program. The action designates Shuster Advisory Group as the administrator of the new trust arrangement for retiree benefit funding.
Contract Details
Vendor
SHUSTER ADVISORY GROUP LLC
Agency
City of Paramount, CA
Contract Type
FINANCIAL_SERVICES
Document Date
April 28, 2026
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