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City’s 457 Plan Committee to Weigh Fund Replacements and Discretionary Oversight of Target-Date Series
The City of Pasadena’s Deferred Compensation Trust Administration Committee will meet on Aug. 4 to review the second-quarter performance of the city’s 457 deferred compensation plan and evaluate replacing two underperforming funds. The plan holds $472.8 million in assets as of June 30 and serves as a retirement savings vehicle for Pasadena city employees.
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