City Council

3.1 CALPERS ACCELERATED PAYMENT OPTIONS - It is recommended City Council consider\nreducing the cost of long-term financial obligations by 1) setting an appropriation and payment of $1\nmillion from General Fund set-aside reserves toward the CalPERS Unfunded Accrued Liability\n(UAL) account or 2) setting aside a different appropriation and payment amount from General Fund\nset-aside reserves toward the CalPERS UAL account.