RESOLUTION.DOCX

RESOLUTION NO. R2026.58
A RESOLUTION OF THE CITY COUNCIL 
OF THE CITY OF TEMPE, ARIZONA, 
ADOPTING 
THE 
CITY 
OF 
TEMPE’S 
PENSION FUNDING POLICY FOR FISCAL 
YEAR 2026-27.
WHEREAS, Arizona Revised Statute 38-863.01 requires each governing body of an 
employer/member of the Arizona Public Safety Personnel Retirement System to formally adopt a 
pension funding policy annually; 
WHEREAS, the City of Tempe maintains statutorily-mandated accounts for its sworn 
Police and Fire Medical Rescue employees in the Arizona Public Safety Personnel Retirement 
System; 
WHEREAS, the City of Tempe has chosen to include all statutorily-mandated pension 
system accounts in its annual pension funding policy; and
WHEREAS, the City of Tempe’s annual pension funding policy satisfies the statutory 
requirements for the Public Safety Personnel Retirement System Pension Funding Policy. 
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF 
TEMPE, ARIZONA, as follows:
That the pension funding policy presented as Attachment A is hereby adopted for Fiscal 
Year 2026-27.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF TEMPE, 
ARIZONA, this 4th day of June, 2026.
Corey D. Woods, Mayor
ATTEST:
Kara A. DeArrastia, City Clerk
APPROVED AS TO FORM:
Eric C. Anderson, City Attorney