File #: 125-21    Version: 1 Name:
Type: Resolution Status: Consent Agenda
File created: 4/6/2021 In control: Board of Port Commissioners
On agenda: 5/13/2021 Final action:
Title: Resolution 21-25: Authorization to (i) Pre-Pay the Port’s Proportionate Share of the FY 2022 Unfunded Accrued Liability for the City of Oakland (“City”) Miscellaneous Plan (Pension Plan) for which the Port is a Participant, in Lieu of 12 Monthly Payments and (ii) Enter into a Letter Agreement with the City Outlining Certain Procedures for FY 2022 as a Result of the City Participating in the CalPERS Pre-Pay Program. (Finance & Admin)
Attachments: 1. Agenda Report, 2. Resolution Item 2.3

Title

Resolution 21-25:  Authorization to (i) Pre-Pay the Port’s Proportionate Share of the FY 2022 Unfunded Accrued Liability for the City of Oakland (“City”) Miscellaneous Plan (Pension Plan) for which the Port is a Participant, in Lieu of 12 Monthly Payments and (ii) Enter into a Letter Agreement with the City Outlining Certain Procedures for FY 2022 as a Result of the City Participating in the CalPERS Pre-Pay Program. (Finance & Admin)