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Page 5 of 5 <br />mitigating the impact of future UAL costs. This policy supersedes the Trust withdrawal policy <br />approved by the Council in February 2020. The prior policy is attached to the staff report. <br /> <br />EQUITY AND SUSTAINABILITY <br />Not applicable, as this matter is a routine administrative item of City business. <br /> <br />OUTREACH <br />No outreach was conducted as this item is a routine administrative matter of City business. <br /> <br />STRATEGIC PLAN ALIGNMENT <br />This matter is aligned with the ONE Pleasanton strategic plan goal of Funding Our Future <br />supporting the City’s financial health and sound fiscal policies. <br /> <br />FISCAL IMPACT <br />There is no direct fiscal impact associated with the item. However, a prudent pension <br />management strategy and policy help ensure the City’s available financial resources are used <br />effectively and sustainably. <br /> <br />Prepared by: Submitted by: Approved by: <br /> <br />Susan Hsieh, Director of <br />Finance <br />Susan Hsieh, Director of Finance <br /> <br />Gerry Beaudin, City <br />Manager <br /> <br />Attachments: <br />1. City of Pleasanton Pension Funding Policy <br />2. PARS Withdrawal Policy - Amended February 2020 <br />3. Presentation - City of Pleasanton Pension Funding Strategy <br /> <br />Page 193 of 242