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City of Newport Beach Awards Financial Services Contract to Public Agency Retirement Services (Pars) (November 2026)

City of Newport Beach logoCity of Newport Beach
Approved
Nov 7, 2026
Term
Approved in March 2024; ongoing

The 30-second brief

What it covers

Newport Beach established an OPEB trust with Public Agency Retirement Services in March 2024. The trust manages retiree benefit assets and held approximately $47 million as of June 30, 2026.

Who holds it

Public Agency Retirement Services (Pars) holds this financial services contract with City of Newport Beach. Its other public contracts on record include work for City of Burlingame and Laguna Beach Unified.

What happens next

Term as filed: Approved in March 2024; ongoing.

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Contract details

Contract type
Financial Services
Document date
November 7, 2026
Term
Approved in March 2024; ongoing
Vendor
Public Agency Retirement Services (Pars)
Agency
City of Newport Beach
Source document
City of Newport Beach AgendaPacket Finance Committee Meeting November 12, 2026 (AgendaPacket)

Public Agency Retirement Services (Pars)'s other public contracts

City of Burlingame, CaliforniaBurlingame Maintains Pension Trust With PARS · Nov 11, 2026UndisclosedLaguna Beach Unified, CaliforniaDistrict Considers PARS Retirement Incentive Partnership · Nov 8, 2026UndisclosedLaguna Beach Unified, CaliforniaLaguna Beach Unified Explores PARS Retirement Incentive Program · Nov 8, 2026Bighorn-Desert View Water Agency, CaliforniaAgency Maintains Pension Trust Through PARS · Nov 7, 2026UndisclosedSantiago Canyon College, CaliforniaPARS OPEB Trust Management Reported with Quarterly Fees · Nov 7, 2026All Public Agency Retirement Services (Pars) contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Newport Beach?

Public Agency Retirement Services (Pars) was awarded this financial services contract by City of Newport Beach, as recorded on November 7, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Newport Beach AgendaPacket Finance Committee Meeting November 12, 2026 (AgendaPacket), dated November 7, 2026 from City of Newport Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Public Agency Retirement Services (Pars) hold?

Public Agency Retirement Services (Pars) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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