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Cotati report: pension funding strengthened after strong CalPERS returns and prior refinancing
Cotati City Council · December 10, 2025
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Summary
Finance staff reported that Cotati's pension plans are approaching roughly 90% funded after strong CalPERS investment returns in 2024–25 and the city's prior refinancing of unfunded liabilities; the city expects UAL payments to decline in the medium term.
Finance staff told the council the city's CalPERS plans are materially stronger after recent market performance and the city's earlier refinancing move. The city refinanced roughly $6 million of unfunded actuarial liability in…
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