CITY OF RANCHO PALOS VERDES
NOTICE OF MEETING OF THE FINANCE ADVISORY COMMITTEE

January 31, 2007

CITY HALL COMMUNITY ROOM
30940 HAWTHORNE BOULEVARD
RANCHO PALOS VERDES

7:00 PM CALL TO ORDER

1. Flag Salute.

2. Roll Call.

3. Approval of Agenda.

4. Side Fund Liability (McLean/Downs/Gyves/Bartel).See staff report for item 5 and attachment D.

5. FAC Assignment – Pension & Post-Retirement Health Care (McLean/Downs/Gyves/Bartel).

Attachments:

A – Pension Assignment Summary (decision matrix)-PDF
B – Analysis of Survey Responses for the 2006 Survey of Benefits and Compensation for Miscellaneous Employees (Tierra West)-PDF
C – Benefit Study outline (Bartel Associates)-PDF
D – Pension Funding and Financing Analysis and Recommendations Memorandum (Fieldman, Rolapp & Associates)-PDF

6. Set meeting schedule for possible 2nd February 2007 meeting and March 2007 and April 2007 meetings. (McLean)

7. Director/Member Reports (Clark/McLean).

8. Public Comments.

9. Adjournment.