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Finding F22

Finding F22

Since FY 2019, the County has devoted $0 of that money to making voluntary additional payments to reduce its total UPL.

Jury report: Planning for the Future: The Board of Supervisors' Approach to the Growing $220-Million Problem of Unfunded Pension Liabilities · PDF page 23

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Official response

Nevada County Board of Supervisors

Agrees no additional payments came from those funds; explains objectives of the 2019 pension policy.

Read official response · PDF page 10

Agreement covers the payment claim. The named policy and listed flexibility, stabilization and smoothing objectives give a concrete explanation for the decision.

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

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