File #: 24-5491    Version: 1 Name: County Employees’ and Officers’ Annuity and Benefits Fund (“Pension Fund”)
Type: Intergovernmental Agreement Status: Agenda Ready
File created: 9/25/2024 In control: Board of Commissioners
On agenda: 11/21/2024 Final action:
Title: PROPOSED INTERGOVERNMENTAL AGREEMENT Department: Office of the Chief Financial Officer Other Part(ies): County Employees' and Officers' Annuity and Benefits Fund ("Pension Fund") Request: Authorize an additional appropriation to the Pension Fund for annuitant health care costs Goods or Services: The County will disburse additional funds to the Pension Fund to assist in the payment of costs related to annuitant health care. Agreement Number(s): N/A Agreement Period: 12/1/2024 - 11/30/2025 Fiscal Impact: $56,019,767.00 Accounts: N/A Summary: The purpose of this Intergovernmental Agreement is to promote the long-term fiscal sustainability of the Pension Fund by supporting the administration of annuitant health care plans on behalf of the County.
Indexes: TANYA S. ANTHONY, Chief Financial Officer, Bureau of Finance
Date Ver.Action ByMotionResultAction DetailsMeeting DetailsVideo
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PROPOSED INTERGOVERNMENTAL AGREEMENT

 

Department:  Office of the Chief Financial Officer

 

Other Part(ies):  County Employees’ and Officers’ Annuity and Benefits Fund (“Pension Fund”)

 

Request:  Authorize an additional appropriation to the Pension Fund for annuitant health care costs  

 

Goods or Services:  The County will disburse additional funds to the Pension Fund to assist in the payment of costs related to annuitant health care.  

 

Agreement Number(s):   N/A  

 

Agreement Period:  12/1/2024 - 11/30/2025 

 

Fiscal Impact:  $56,019,767.00 

 

Accounts:  N/A  

 

Summary:  The purpose of this Intergovernmental Agreement is to promote the long-term fiscal sustainability of the Pension Fund by supporting the administration of annuitant health care plans on behalf of the County. 

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