Finding F5
The County’s FY2015 amortization payment to CalPERS was $9,508,354.
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
Disagrees; gives $7,391,504 for Miscellaneous and explains that Safety costs were bundled.
Read official response · PDF page 2The response identifies the disputed payment and why a separate Safety amortization amount is not used. The actuarial-report basis is identified; the Safety explanation continues on page 3.
This review evaluates the response document. Implementation claims have not been independently verified.