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March, 2019

04
Mar
2019

City of Novato Selects PARS to Establish Pension Trust Fund

Categories: PARS News,Pension Rate Stabilization

Last Tuesday, the Novato City Council voted unanimously to select PARS to administer their new Section 115 pension prefunding trust. The move is a first step towards addressing its estimated $30 million in unfunded pension liabilities.

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