Town Recommends $5.5 Million CalPERS Paydown
Town of Los GatosCity · Los Gatos, CA- Disclosed value
- $5.5 million
- From report
- Document date
- Nov 9, 2026
The 30-second brief
The Finance Commission recommended that the Town Council approve a $5.5 million additional discretionary payment to CalPERS. The payment would reduce pension liabilities and be funded from the Section 115 Pension Trust and a committed pension/OPEB reserve.
CALPERS holds this financial services contract with Town of Los Gatos. Its other public contracts on record include work for New Castle-Rocklin-Gold Hill Cemetery District and Ebbetts Pass Fire District.
Term as filed: One-time additional discretionary payment.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $5.5 million
- Document date
- November 9, 2026
- Term
- One-time additional discretionary payment
- Vendor
- CALPERS
- Agency
- Town of Los Gatos
- Source document
- Town of Los Gatos Report Finance Commission Report Fiscal Condition Analysis and CalPERS Paydown 2026-11-09 (Report)
CALPERS's other public contracts
More Town of Los Gatos contracts
Questions about this contract
Who was awarded the financial services contract by Town of Los Gatos?
CALPERS was awarded this financial services contract by Town of Los Gatos, as recorded on November 9, 2026. The contract value is $5.5 million.
How much is the CALPERS contract with Town of Los Gatos worth?
The CALPERS contract with Town of Los Gatos is valued at $5.5 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in Town of Los Gatos Report Finance Commission Report Fiscal Condition Analysis and CalPERS Paydown 2026-11-09 (Report), dated November 9, 2026 from Town of Los Gatos. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
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 Town of Los Gatos currently buying?
Explore Town of Los Gatos's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
