Legislation Details

File #: 2026-01181    Version: 1
Type: Consent Item Status: Agenda Ready
File created: 6/1/2026 In control: Defined Contribution Plans Committee
On agenda: 6/17/2026 Final action:
Title: Fiduciary Review
Attachments: 1. 2026-01181 STAFF REPORT
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Fiduciary Review

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FileID

File ID: 2026-01181

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Location

Location: Citywide

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Recommendation

Recommendation: Review and file.

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Contact

Contact: Samantha Hardy, Interim Director, (916) 808-7657, shardy@cityofsacramento.org, Department of Human Resources

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Presenter

Presenter: None

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Attachments

Attachments:

1-Description/Analysis

2-2026 1st Quarter Plan Fiduciary Advisor Newsletter

3-2025 4th Quarter Plan Fiduciary Advisor Newsletter

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Description/Analysis

IssueDetail

Issue Detail: Fiduciary Consulting Group provides a quarterly newsletter focused on fiduciary-relevant items for public agency plans.

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PolicyConsiderations

Policy Considerations: None.

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EconomicImpacts

Economic Impacts: None.

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EnviornmentalConsiderations

Environmental Considerations: This action is not subject to the California Environmental Quality Act (CEQA) because it is not a “project” as defined in section 15378 of the CEQA Guidelines.

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Sustainability

Sustainability: None.

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Commission/CommitteeAction

Commission/Committee Action: None.

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RationaleforRecommendation

Rationale for Recommendation: The City contracts with Fiduciary Consulting Group to provide retirement plan consulting services, including providing legal and regulatory updates relative to the City’s deferred compensation plans.

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FinancialConsiderations

Financial Considerations: None.

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LocalBuinessEnterprise(LBE)

Local Business Enterprise (LBE): Not applicable.

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