San Jose accepts 2025 retirement plan fee reports

San Jose accepted two 2025 annual fee reports covering the Federated City Employees’ Retirement System and the Police and Fire Department Retirement Plan. The reports show $37.1 million in management and incentive fees for the Federated pension plan and $73.2 million for the Police and Fire pension plan, with private-market investments contributing the largest share of each plan’s total fee ratio. The council action was approved October 9, 2026. File 26-1134

Acceptance of Retirement Plans’ Comprehensive Annual Investment Fee Reports for Calendar Year 2025.

Nov 3, 202626-1134: Acceptance of Retirement Plans’ Comprehensive Annual Investment Fee Reports for Calendar Year 2025.Source documentPDF 1PDF 2PDF 3