Tahoe City Public Utility District Agenda Special Meeting of the Board of Directors 2026-06-18
District Weighs $1.56 Million CALPERS Prepayment
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Description
Tahoe City Public Utility District is considering approval of a discounted lump sum prepayment of $1,562,838 to CALPERS for the FY 2026-2027 employer contribution toward unfunded accrued liability for Classic and PEPRA plans. The payment would cover the district’s required pension funding obligation for that fiscal year.
Contract Details
Contract Amount
$1,562,838
Vendor
CALPERS
Agency
Tahoe City Public Utility District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 18, 2026
Contract Term
Fiscal Year 2026-2027
Renewal Date
2027-06-30
Renewal Info
Single-year pension contribution prepayment for FY 2026-2027; future year contributions will require separate board action.
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