26-189
SUBJECT: Approval of a First Amendment to Services Agreement with Phase II Systems for the Section 115 Post Employment Benefit Trust Administered by Public Agency Retirement Services (PARS) to Fund the City’s Pension Benefits REPORT IN BRIEF Requests approval of a First Amendment to Services Agreement with Phase II Systems, doing business as “Public Agency Retirement Services” and “PARS” for administrative services as Trust Administrator for pre-funding pension obligations. RECOMMENDATION City Council - Adopt a motion approving the First Amendment to Services Agreement with Phase II Systems, doing business as “Public Agency Retirement Services” and “PARS” for administrative services as Trust Administrator for pre-funding pension obligations and authorizing the City Manager or designee to execute the necessary documents.
- Committee
- City Council/Public Finance and Economic Development Authority/Parking Authority
- Introduced
- February 24, 2026
- On agenda
- April 6, 2026
- Passed
- April 6, 2026
Where it was heard
City Council/Public Finance and Economic Development Authority/Parking AuthorityWatch Merced
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