CONTRACTONGOING

Pismo Beach Continues Annual CalPERS Pension Contributions

City of Pismo Beach logoCity of Pismo Beach
Disclosed value
Approximately $1.20 million in FY 2026 normal pension costs and $1.93 million in FY 2026 required unfunded liability payments
From staffreport
Document date
Oct 20, 2026

The 30-second brief

What it covers

Pismo Beach continues its annual contributions to CalPERS, including approximately $1.20 million in FY 2026 normal pension costs and $1.93 million toward unfunded liability. The City uses CalPERS actuarial projections to plan required payments through its long-term financial forecasts.

Who holds it

California Public Employees’ Retirement System (Calpers) holds this financial services contract with City of Pismo Beach. Its other public contracts on record include work for City of Santa Fe Springs and City of La Habra Heights.

What happens next

Term as filed: Ongoing annual contributions; required UAL payments are projected through at least FY 2044.

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Contract details

Contract type
Financial Services
Amount
Approximately $1.20 million in FY 2026 normal pension costs and $1.93 million in FY 2026 required unfunded liability payments
Document date
October 20, 2026
Term
Ongoing annual contributions; required UAL payments are projected through at least FY 2044
Source document
City of Pismo Beach Staff Report California Public Employees' Retirement System (CalPERS) Pension Funding and Unfunded Accrued Liability Status 2026-10-20 (StaffReport)

California Public Employees’ Retirement System (Calpers)'s other public contracts

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Questions about this contract

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

California Public Employees’ Retirement System (Calpers) was awarded this financial services contract by City of Pismo Beach, as recorded on October 20, 2026. The contract value is Approximately $1.20 million in FY 2026 normal pension costs and $1.93 million in FY 2026 required unfunded liability payments.

How much is the California Public Employees’ Retirement System (Calpers) contract with City of Pismo Beach worth?

The California Public Employees’ Retirement System (Calpers) contract with City of Pismo Beach is valued at Approximately $1.20 million in FY 2026 normal pension costs and $1.93 million in FY 2026 required unfunded liability payments, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Pismo Beach Staff Report California Public Employees' Retirement System (CalPERS) Pension Funding and Unfunded Accrued Liability Status 2026-10-20 (StaffReport), dated October 20, 2026 from City of Pismo Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does California Public Employees’ Retirement System (Calpers) hold?

California Public Employees’ Retirement System (Calpers) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Pismo Beach currently buying?

Explore City of Pismo Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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