Laserfiche WebLink
City of <br />Pequott <br />Lakes— <br />AGENDA ITEM #11.9 <br />REPORT TO <br />CITY COUNCIL <br />Date: January 8, 2013 <br />Subject: Other Post - Employment Benefit Report <br />Report: The City is required to have an evaluation of its <br />Other Post - Employment Benefits (OBEB) every three <br />years. The City has contracted with Hildi, Inc. to perform <br />this evaluation in 2009 and again in 2012. <br />Attached are the 2012 Post Employment Benefit Valuation <br />Report from Hildi, Inc. and a memo from Nancy Malecha, <br />the City's Finance Administrator /Deputy City Clerk <br />explaining the report. <br />Council Action Requested: Council motion accepting the <br />Post - Employment Benefit Valuation Report and stating that <br />the City fund its OPEB obligation by using the pay-as-you- <br />go (PAYGO) method. <br />