File #: 15-00534    Version: 1
Type: Agenda Item Status: Passed
File created: In control: BOARD OF SUPERVISORS
On agenda: 6/23/2015 Final action: 6/23/2015
Title: Adopt the Fiscal Year 2015-2016 employer contribution rates, pursuant to Government Code Section 31454, which include what would otherwise be the employee share of the cost of living increase, recommended by Cheiron, the Santa Barbara County Employees Retirement System (SBCERS) actuary, and approved by the Board of Retirement on January 21, 2015, with an effective date of July 1, 2015 or for the payroll cycle in which that date occurs.
Sponsors: COUNTY EXECUTIVE OFFICE
Attachments: 1. Board Letter, 2. Attachment A SBCERS Correspondence 4-30-2015, 3. Attachment B Actuarial Valuation Charts-Contributions
Title
Adopt the Fiscal Year 2015-2016 employer contribution rates, pursuant to Government Code Section 31454, which include what would otherwise be the employee share of the cost of living increase, recommended by Cheiron, the Santa Barbara County Employees Retirement System (SBCERS) actuary, and approved by the Board of Retirement on January 21, 2015, with an effective date of July 1, 2015 or for the payroll cycle in which that date occurs.