File #: 17-0139    Version: 1 Name: TCRS Contribution
Type: Resolution Status: Passed
File created: 3/29/2017 In control: City Council
On agenda: 4/11/2017 Final action: 4/11/2017
Title: Approval of TCRS Contribution Percentage for 2017-18
Attachments: 1. TCRS Percentage

Title

Approval of TCRS Contribution Percentage for 2017-18

 

Body

SUMMARY: The percentage rate has been computed by TCRS actuarial system.  The rate is 18%.  Council approval is requested for this percentage for the year 7/1/17-6/30/18.

 

BUDGET ACCOUNT:  N/A

 

 

Recommended Action

NECESSARY COUNCIL ACTION: Approval of TCRS contribution for 2017-18.