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City Supplements CalPERS Contributions for Classic Members

City of Walnut logoCity of Walnut
Disclosed value
5% of 7% member contribution for Classic members
From policy
Document date
Jun 25, 2025
Term
Effective July 1, 2024; ongoing

The 30-second brief

What it covers

Effective July 1, 2024, the City of Walnut funds 5% of the 7% CalPERS member contribution for all Classic members as deferred income. This ongoing arrangement supplements employee retirement contributions without reporting the amount as special compensation.

Who holds it

CALPERS holds this financial services contract with City of Walnut. Its other public contracts on record include work for Moss Landing Harbor District and City of Santa Fe Springs.

What happens next

Term as filed: Effective July 1, 2024; ongoing.

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Contract details

Contract type
Financial Services
Amount
5% of 7% member contribution for Classic members
Document date
June 25, 2025
Term
Effective July 1, 2024; ongoing
Vendor
CALPERS
Agency
City of Walnut
Source document
city_of_walnut_personnel_rules_and_regulations.pdf (Policy)

CALPERS's other public contracts

Moss Landing Harbor District, CaliforniaDistrict Pays CalPERS Retirement Obligation · Oct 25, 2026$9.9KCity of Santa Fe Springs, CaliforniaSanta Fe Springs Amended CalPERS Contract in 2012 · Oct 22, 2026UndisclosedCity of Santa Fe Springs, CaliforniaSanta Fe Springs Adopts Intent for CalPERS Incentive · Oct 22, 2026UndisclosedMount View Sanitary District, CaliforniaDistrict Discusses CalPERS Contract Termination · Oct 22, 2026City of Imperial Beach, CaliforniaImperial Beach Lists CalPERS Insurance Payment · Oct 21, 2026$152.6KAll CALPERS contractsVendor profile

More City of Walnut contracts

Dj OsoDJ Oso Entertains Fiesta Dinner & Dance · Sep 2, 2026UndisclosedMt. San Antonio College Continuing Education DivisionMt. SAC Partnership Supports Senior Education Programs · Sep 2, 2026UndisclosedLive Better FinancialRetirement Protection Seminar by Live Better Financial · Sep 2, 2026UndisclosedYWCAYWCA Continues Senior Nutrition Lunch Service · Sep 2, 2026UndisclosedLos Angeles Department of Mental HealthMental Health Partnership Delivers Senior Support Group · Sep 2, 2026UndisclosedAll City of Walnut activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Walnut?

CALPERS was awarded this financial services contract by City of Walnut, as recorded on June 25, 2025. The contract value is 5% of 7% member contribution for Classic members.

How much is the CALPERS contract with City of Walnut worth?

The CALPERS contract with City of Walnut is valued at 5% of 7% member contribution for Classic members, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city_of_walnut_personnel_rules_and_regulations.pdf (Policy), dated June 25, 2025 from City of Walnut. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does CALPERS hold?

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 Walnut currently buying?

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

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