Mendocino Logo
File #: 17-0599    Version: 1 Name:
Type: Approval Status: Agenda Ready
File created: 7/3/2017 In control: County Counsel
On agenda: 7/10/2017 Final action:
Title: Discussion and Possible Direction to Staff Regarding an Update on Investigation into Past Practices of County and Retirement Association Regarding Increase in Retirement Costs
Sponsors: County Counsel
Attachments: 1. Memo to GGSC 7.10.pdf, 2. Retirement - Exhibit A, 3. Historical Review and Analysis of the MCERA Unfunded Actuarial Accrured Liability, 4. 07-10-17 Correspondence
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

 

To:  Board of Supervisors General Government Committee

FromCounty Counsel

Meeting DateJuly 10, 2017

 

Department Contact:  

Katharine L. Elliott

Phone: 

234-6885

 

Time Allocated for Item: 20 min.

 

 

Agenda Title:

title

Discussion and Possible Direction to Staff Regarding an Update on Investigation into Past Practices of County and Retirement Association Regarding Increase in Retirement Costs

End

 

Recommendation:

recommendation

Accept the report updating the Standing Committee on the investigation into the past practices regarding increase in retirement costs, provide direction to staff regarding any further investigation.

End

 

Previous Board/Board Committee Actions:

Approximately four years ago, then-County Supervisor Kendall Smith and then-County Counsel Jeanine B. Nadel initiated research of prior board actions relating to enhancing County pension plans; however, their work was incomplete prior to their leaving County service. On February 2, 2016, this item was referred by the Board of Supervisors to the General Government Committee. The General Government Committee met and discussed this topic during their February 8, 2016 Committee meeting. On September 12, 2016, the Board of Supervisors authorized staff to compete review of prior board actions relating to enhancing County pension plans, indicating whether or not State-mandated procedures were followed in the adoption of those enhancements. The estimate received to complete the related review is 80 hours, and therefore, the Board authorized the review not exceeding 80 hours of staff time. On December 20, 2016, the Board of Supervisors re-referred this back to the General Government Standing Committee.

 

Summary of Referral

Give direction to staff regarding any further investigation requested.

 

 

Supplemental Information Available Online at: https://www.mendocinocounty.org/home/showdocument?id=6302

 

 

Fiscal Impact:

Source of Funding: N/A

Budgeted in Current F/Y: N/A

 

Current F/Y Cost: N/A

Annual Recurring Cost: N/A

 

 

 

 

Supervisorial District:  All

 

 

 

CEO Liaison: Alan D. Flora, Assistant CEO

 

 

CEO Review: Yes 

 

 

Comments: