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Council asks staff for CalPERS unfunded liability update; requests OCFA withdrawal cost clarification
Summary
Council directed staff to prepare an updated report on the city’s CalPERS unfunded actuarial liability (UAL) and asked staff to coordinate with Orange County Fire Authority finance to estimate any city obligations if Stanton were to withdraw; council approved staff follow‑up by consensus.
The Stanton City Council asked staff on Sept. 23 to prepare an updated report on the city’s CalPERS unfunded actuarial liability (UAL) and to request information from the Orange County Fire Authority (OCFA) about potential city obligations if Stanton were to withdraw from OCFA service arrangements.
Mayor Schauber said the council…
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