FINANCIAL_SERVICESRECOMMENDED

District Plans CalPERS UAL Lump Sum Prepayment

District staff proposed making a $766,293 lump sum payment to CalPERS in FY 2026–2027 to cover the District’s Unfunded Accrued Liability, avoiding higher monthly installment costs. The recommended prepayment would save approximately $25,626 and is already budgeted.

Status
RECOMMENDED
Document date
July 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
California Public Employees' Retirement System (calpers)
Agency
Stockton-East Water District · CA

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

Scope & details

The full contract record, as filed.

Contract amount
$766,293
Contract type
FINANCIAL_SERVICES
Contract term
Fiscal Year 2026–2027; lump sum due by July 31, 2026
Renewal date
2026-07-31
Renewal
Annual CalPERS UAL payments are recurring; the District historically prepays the annual obligation as a lump sum each fiscal year to reduce interest costs.
Document type
AgendaPacket
Source document
Stockton East Water District Agenda Packet 2026-07-14

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Stockton-East Water District?

California Public Employees' Retirement System (calpers) was awarded this financial services contract by Stockton-East Water District, as recorded on July 12, 2026. The contract value is $766,293.

How much is the California Public Employees' Retirement System (calpers) contract with Stockton-East Water District worth?

The California Public Employees' Retirement System (calpers) contract with Stockton-East Water District is valued at $766,293, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Stockton East Water District Agenda Packet 2026-07-14 (AgendaPacket), dated July 12, 2026 from Stockton-East Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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.

View California Public Employees' Retirement System (calpers)'s profile

What is Stockton-East Water District currently buying?

Explore Stockton-East Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Stockton-East Water District's profile

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