Hermosa Beach

City Council

January 28, 2025 Order of Business 17 #c

Agenda Item c

17.c RESOLUTION APPROVING THE ADOPTION OF THE MULTIPLE EMPLOYER\nOPEB/PENSION 115 TRUST ADMINISTERED BY SHUSTER ADVISORY GROUP,\nLLC, 25-AS-013\n(Administrative Services Director Brandon Walker)\nRecommended Action:\nStaff recommends City Council adopt a resolution approving the adoption of the\nMultiple Employer OPEB/Pension 115 Trust administered by Shuster Advisory\nGroup, LLC and discontinuing the City’s current participation in the PARS Post-\nRetirement Health Care Plan Trust administered by Public Agency Retirement\nServices (PARS) and U.S Bank (Attachment 1).