GGTARP actuarial and bonding review
Golden Gate Bridge, Highway and Transportation DistrictCalifornia- Detected
- Nov 20, 2026
- Sector
- Payroll and Pension
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From the meeting
The District said it is working to improve the financial condition and governance of the Golden Gate Transit Amalgamated Retirement Plan (GGTARP). It is exploring a possible transition of bus operators to the Sonoma County Employees' Retirement Association and has already funded an actuarial analysis of the cost. The District is also engaging another actuarial effort for "classic" employees.
The report noted that Senate Bill 607 gives the District new limited bonding authority effective January 1, 2027.
- Meeting date
- November 20, 2026
- Agency
- Golden Gate Bridge, Highway and Transportation District
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