https://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=1105097&GUID=12358AD3-AAAC-4E7B-91FE-9C81070A57E9Legistar15https://longbeach.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=1105097&GUID=12358AD3-AAAC-4E7B-91FE-9C81070A57E912358AD3-AAAC-4E7B-91FE-9C81070A57E9-2019-01-22-23-11-36Title: Recommendation to request City Management to retain an outside actuary to present within 45 days potential cost saving from the following three hypothetical scenarios for non-public safety employees: (1) a new CalPERS 1.5% at 65 tier with an additional defined contribution employer match of up to 2%, (2) a cost sharing arrangement in which city employees share 50% of the annual “normal” pension costs, (3) a cost sharing arrangement in which employees share 50% of the annual total pension costs, including costs incurred from the City’s unfunded liability.Tue, 22 Jan 2019 23:11:36 GMT