County of Santa Barbara - File #: 07-00355

• File #: 07-00355
• Version: 2
• Type: Agenda Item
• Status: Passed
• File created: 4/5/2007
• In control: BOARD OF SUPERVISORS
• On agenda: 4/24/2007
• Final action: 4/24/2007
• Title: HEARING - Consider recommendations regarding the Santa Barbara County Employees' Retirement System Actuarial Studies for the Year Ending June 30, 2006, and establish Contribution Rates for Fiscal Year 2007-08, as follows: (EST. TIME: 45 MIN.) a) Receive the experience study for the period July 1, 2003, through June 30, 2006, and the actuarial valuation report for the Santa Barbara County Employees' Retirement System as of June 30, 2006; and b) Adopt contribution rates for members and the County and participation special districts for Fiscal Year 2007-08, as determined by the actuary and recommended by the Board of Retirement. COUNTY EXECUTIVE OFFICER'S RECOMMENDATION: POLICY
• Sponsors: EMPLOYEES' RETIREMENT SYSTEM

Date	Action By	Action	Result
4/24/2007	BOARD OF SUPERVISORS	Acted on as follows:	Pass
4/17/2007	BOARD OF SUPERVISORS	Set for a hearing, as follows:	Pass

Title

HEARING - Consider recommendations regarding the Santa Barbara County Employees' Retirement System Actuarial Studies for the Year Ending June 30, 2006, and establish Contribution Rates for Fiscal Year 2007-08, as follows: (EST. TIME: 45 MIN.)

a) Receive the experience study for the period July 1, 2003, through June 30, 2006, and the actuarial valuation report for the Santa Barbara County Employees' Retirement System as of June 30, 2006; and

b) Adopt contribution rates for members and the County and participation special districts for Fiscal Year 2007-08, as determined by the actuary and recommended by the Board of Retirement.

COUNTY EXECUTIVE OFFICER'S RECOMMENDATION: POLICY

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