CalPERS actuary says Laguna Beach pension funding improved; council weighs prepayment trade‑offs CalPERS' supervising actuary presented membership trends, improved funded ratios and options to reduce unfunded actuarial liability, while council discussed timing and tradeoffs between prepayments and capital projects; no policy changes were adopted at the session.

Laguna Beach's pension plans are on the mend, but council members are faced with tough choices about funding priorities and capital projects.

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