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Finding F1

Finding F1

At the end of FY2015, the County’s unfunded pension liability was $117,142,264.

Jury report: Planning for the Future: The Board of Supervisors' Approach to the Growing $220-Million Problem of Unfunded Pension Liabilities · PDF page 21

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Official response

Nevada County Board of Supervisors

Disagrees; gives $162,574,446 using four June 30, 2015 CalPERS plan valuations.

Read official response · PDF page 1

Explicit whole disagreement with a plan-by-plan table and valuation-report page references. Figures are the Board’s corrections, not independently verified hub totals.

This review evaluates the response document. Implementation claims have not been independently verified.

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