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23
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2011
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081611
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23
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8/15/2011 2:55:25 PM
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8/10/2011 1:12:34 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
8/16/2011
DESTRUCT DATE
15Y
DOCUMENT NO
23
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6. Develop a program with the State to ensure that pension programs offered by localities <br /> are fully transparent, and that professional actuarial evaluations of unfunded components <br /> of OPEB's and Pension Plans are completed. <br /> 7. To the extent permitted by federal and state law prohibit payment of pension benefits to a <br /> public employee convicted of a felony related to fraudulently enhancing those benefits. <br /> While pension reform is a primary fiscal challenge facing local agencies, it represents but one of <br /> several financial challenges that, when combined, represent a "Perfect Storm" that is leading to <br /> the insidious erosion of fiscal solvency of local governments. While some changes may take <br /> years, delay in dealing with the problem, only makes the situation worse. <br /> 4 <br />
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