Pomona Approves $1.9M Additional Payment to CalPERS
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Description
The Pomona City Council will approve a $1.9 million additional discretionary payment from its Section 115 Pension Trust to CalPERS by June 30, 2026. The payment is part of broader FY 2026-27 budget resolutions to address pension obligations.
Contract Details
Contract Amount
$1.9M
Vendor
CALPERS
Agency
Housing Authority of the city of Pomona, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
One-time additional discretionary payment to be made on or before June 30, 2026
Renewal Date
2026-06-30
Renewal Info
One-time discretionary payment applied to existing CalPERS pension obligations; no renewal terms stated.
More from CALPERS
Issuing Agency
Local Housing Authority
Pomona, CA
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