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FINANCIAL_SERVICESAPPROVED

City of Pomona Special Meeting Agenda 2026-05-26

Pomona Approves $1.9M Additional Payment to CalPERS

$1.9MHousing Authority of the city of PomonaCALPERSMay 26, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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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.

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