The Pension Oversight Committee was established on February 19, 2013 by the Costa Mesa City Council to focus on public employee pension-related matters with a focus on the following:
Review annual and long-term pension and financial matters as it pertains to the City's CalPERS retirement unfunded pension obligations.
Ensure the City maintains adequate reserves and ratios per City Council guidelines.
Review negotiated pension and compensation packages as it pertains to each employee bargaining unit.
Evaluate and advise the City Council on annual changes to pension costs.
The Pension Oversight Committee is composed of nine voting members and the Mayor or the Mayor's designee. The Committee meets the second Wednesday, every other month at 4:45 p.m. in Conference Room 1A, located in City Hall. (Please note that on August 10, 2016, the Committee voted to change the meetings from every month, to every other month.)
- 2017 Agendas, Minutes
- 2016 Agendas, Minutes
- 2015 Agendas, Minutes
- 2014 Agendas, Minutes
- 2013 Agendas, Minutes
- Committee Members and Staff
- CalPERS Pension Valuations
- Other Valuations
- Fast Facts
- Action Logs
Supplemental Financial Data
How to Contact Us
To receive updates on the Pension Oversight Committee please send an e-mail to: PensionOversightCommittee@costamesaca.gov
The City of Costa Mesa values the time and the efforts of the Pension Committee members. The views expressed in the Committee information posted on the Pension Oversight Committee website are exclusively those of the committee members. The opinions and ideas expressed by members are solely those of the presenters and are not necessarily endorsed by the City of Costa Mesa, its Council, management or its employees.