March 15, 2022 - Board Meeting

At the OMWD’s March Board of Directors meeting, at my initial request, the Board held a workshop to review and discuss OMWD employee pension liability and a pension funding plan. We learned from consultant Julio Morales that OMWD’s present pension liability exposure is average at best compared with established standards, and we need to carefully manage our exposure and establish specific planning policies and targets. The Board directed Mr. Morales and staff to return to the Board with specific policy recommendations for Board consideration. The Board also received a District easement assessment report and reviewed the status of COVID policies.

You can review past and present Board and committee meeting agendas and background materials online at  https://www.olivenhain.com/about-us/governing-board/board-meetings/. 

Posted on 17 Mar 2022, 16:55 - Category: News