Finding F10
The Board of Supervisors believes that California’s 2013 change from classic retirement to PEPRA will help the unfunded-pension-liability problem.
Jury report: Planning for the Future: The Board of Supervisors' Approach to the Growing $220-Million Problem of Unfunded Pension Liabilities · PDF page 22
Permanent linkOfficial response
Nevada County Board of Supervisors
Agrees that PEPRA should help and describes employee-tier differences and cost sharing.
Read official response · PDF page 3The paragraph addresses the Board’s belief with pension-formula and cost-share reasoning. PEPRA provides an identified basis; the explanation and dated tier changes continue on page 4.
This review evaluates the response document. Implementation claims have not been independently verified.