Indexed public record
Pension Liability and Surplus Allocation Policy
1) Adopt a resolution of the City Council of the City of Desert Hot Springs adopting the Pension Liability and Surplus Allocation Policy; and 2) Authorize a transfer in the amount of…
- Item number
- 12
- Staff report
- SR-26-206
- Department
- —
- Meeting
- September 15, 2026
- Consent calendar
- Yes
Recommendation
1) Adopt a resolution of the City Council of the City of Desert Hot Springs adopting the Pension Liability and Surplus Allocation Policy; and 2) Authorize a transfer in the amount of $155,302 from the General Fund, fund balance to the City's Section 115 Trust with Public Agency Retirement Services (PARS)
Source records
- City Council - September 15, 2026 - Agenda — page 5 (City of Desert Hot Springs) Source date: September 15, 2026. Validated import citation. Import/review method: authenticated agent import.
Supporting excerpt
Pension Liability and Surplus Allocation Policy