Retiree health plan actuarial impact review
City of LakewoodCalifornia- Detected
- Oct 6, 2026
- 26 days ago
- Sector
- Payroll and Pension
- Est. value
- Free account
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From the meeting
On October 6, 2026, the city received an actuarial valuation of its retiree health benefit plan under California Government Code section 7507, as of June 30, 2025. The report compared the current plan design with an alternative design for executive management, including the City Manager. It showed a total OPEB liability of $13,922,904 under the current plan and $14,294,570 under the alternative plan.
The document was informational and did not record a policy adoption or contract award.
- Meeting date
- October 6, 2026
- Agency
- City of Lakewood
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