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Butte County Air Quality Management District Governing Board Meeting Agenda Packet April 2026

District Continues CalPERS CEPPT Pension Prefunding Trust

$44,553.19 balance as of 6/30/2025; $46,620.56 balance as of 12/31/2025Butte County Air Quality Management DistrictCALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM (CALPERS)April 23, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
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Description

The District maintains a CEPPT Strategy 2 prefunding trust account with CalPERS, with balances of $44,553.19 as of June 30, 2025 and $46,620.56 as of December 31, 2025. Additional contributions are budgeted to reduce long-term pension liabilities and support future CalPERS obligations.

Contract Details

Contract Amount

$44,553.19 balance as of 6/30/2025; $46,620.56 balance as of 12/31/2025

Vendor

CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM (CALPERS)

Agency

Butte County Air Quality Management District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

April 23, 2026

Contract Term

Ongoing participation in CEPPT Strategy 2 trust, established April 27, 2023

Renewal Info

CEPPT trust arrangement is open-ended; contributions are made at the District’s discretion pursuant to Board-adopted pension funding policy.

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