DIS- 5972
Items For Discussion 1.
Work Session Board of Supervisors - 1:30 p.m.
Board of Supervisors
- Meeting Date:
- 07/27/2021
- Title:
- PSPRS Unfunded Liabilities
- Submitted By:
- Tim Mattix, Board of Supervisors
- Department:
- Board of Supervisors
Presentation:
PowerPoint
Recommendation:
Document Signatures:
# of ORIGINALS
Submitted for Signature:
Submitted for Signature:
NAME
of PRESENTER:
of PRESENTER:
Richard G. Karwaczka
TITLE
of PRESENTER:
of PRESENTER:
County Administrator
Mandated Function?:
Source of Mandate
or Basis for Support?:
or Basis for Support?:
Information
Agenda Item Text:
Discussion and possible direction regarding the Public Safety Personnel Retirement System (PSPRS) Unfunded Liabilities and possible solutions for the future:
- Bond Initiative Presentation by Mr. Mark Reader, Stifel, Nicolaus Company, Inc.;
- Investment Plan Presentation by Mr. Mark Steed, Chief Investment Officer, PSPRS;
- Summary Presentation of current status and possible solutions by Mr. Richard Karwaczka, County Administrator and Mr. Dan Duchon, Budget Manager.
Background:
The purpose of today's Work Session discussion is to discuss PSPRS Unfunded Liabilities and possible solutions.
Department's Next Steps (if approved):
Move forward as the Board directs.
Impact of NOT Approving/Alternatives:
N/A
To BOS Staff: Document Disposition/Follow-Up:
N/A