Tag: California Public Employees’ Pension Reform Act (PEPRA

Bilingual report — City of Oxnard Considers Pension Obligation Bond to Address Unfunded Liability

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As many cities throughout California struggle to address the State’s $160 billion total unfunded pension liability that accrued prior to the 2013 California Public Employees’ Pension Reform Act (PEPRA), the City of Oxnard is proactively considering issuing a Pension Obligation Bond (POB) to tackle its portion.

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