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Supes Pension Meeting

On January 19, 2016, the Mendocino County Board of Supervisors will hold a joint meeting with the Mendocino County Retirement Board at the Ukiah Valley Conference Center, 200 South School Street, in Ukiah. The joint meeting is scheduled from 2:00 – 5:00 p.m.

The Agenda will feature a presentation of the Actuarial Valuation Report by the Segal Company. Additionally, the Agenda will include discussion and possible revocation of Board of Supervisors resolutions related to excess earnings and potential action by the Board of Supervisors and the Board of Retirement to reduce long-term pension costs to the County’s retirement system.

Dan Gjerde, Board Chair, shared the following comments: “All of the supervisors are looking forward to meeting with the retirement board, and welcome members of the public to share their ideas. Our shared goal is to fund reasonable retirement payments into the future, in a way that is not cost-prohibitive for plan beneficiaries or taxpayers.”

The public is welcome and invited to attend every Board meeting. The agenda will be posted online 72 hours prior to the meeting at:

www.co.mendocino.ca.us/bos/meetings/PublishedMeetings.htm

For more information, please contact the Executive Office at (707) 463-4441.

Carmel J. Angelo

Chief Executive Officer

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