Finding F3
The County has followed CalPERS’s amortization plan over the past decade.
Jury report: Planning for the Future: The Board of Supervisors' Approach to the Growing $220-Million Problem of Unfunded Pension Liabilities · PDF page 21
Permanent linkOfficial response
Nevada County Board of Supervisors
Agrees and explains CalPERS’s annual point-in-time amortization method.
Read official response · PDF page 2Agreement is explicit. The response explains the twenty-year schedule and identifies CalPERS’s annual amortization plan as its basis.
This review evaluates the response document. Implementation claims have not been independently verified.