HomeMy WebLinkAboutRES 2008-40 - Board Resolution No. 2008 - 40
DELEGATION OF AUTHORITY TO REQUEST DISBURSEMENTS
FROM THE OTHER POST EMPLOYMENT PRE-FUNDING PLAN
WHEREAS, on November 7, 2007 the Board of Directors of the Truckee Donner Public Utility
District entered into an agreement with CalPERS to participate in the California Employer's
Retiree Benefit Trust Program ("CERBT") to pre-fund the District's post employment benefits
obligations through CaIPERS; and
WHEREAS, periodically the District has an actuarial analysis performed to establish its annual
required contribution amount; and
WHEREAS, CalPERS has established a method for its plan participants to be reimbursed out of
the annual pre-funded contributions for retiree payments made during the year; and
WHEREAS, CalPERS requires the Board of Directors to identify those employee positions who
are authorized to submit Retiree Benefit Trust Disbursement Request forms for reimbursement.
NOW THEREFORE, BE IT RESOLVED, that the Board of Directors of the Truckee Donner Public
Utility District does hereby authorize the General Manager and the Treasurer to request
reimbursements of retiree benefits paid from the pre-funded plan;
BE IT FURTHER RESOLVED, that the Assistant Treasurer is authorized to request
reimbursements in the absence of the Treasurer.
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the
District on November 19, 2008 by the following roll call vote:
AYES: Directors Hemig, Sutton, Thomason and Taylor
ABSTAIN: None
NOES: None
ABSENT: Director Aguera
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By�l;�K:i::�
Tim F. Taylor, Pre ent
ATTEST:
Michael D. Ho ey, Clerk of the oard