City Council

11. ESTABLISHING A PUBLIC AGENCIES POST-EMPLOYMENT BENEFITS TRUST, APPOINTING PUBLIC\nAGENCY RETIREMENT SYSTEM AS THE TRUST ADMINISTRATOR AND AMENDING AND ADOPTING CITY\nCOUNCIL POLICIES – 1) Adoption of a resolution approving the adoption of the Public Agencies Post-\nEmployment Benefits Trust administered by Public Agency Retirement Services; and\n2) Adoption of a resolution approving the amendment of City Council Policy No. 86 for pension\nfunding; and\n3) Adoption of a resolution approving City Council Policy No. 98 for the City’s Pension Trust Investment\nPolicy. (Staff contact: Zach Korach, Administrative Services Department)\nCity Manager’s Recommendation: Adopt the resolutions.