Finding F9
As of FY2024, CalPERS’s projected date of returning the County to fully funded status was 2044.
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 with the 2044 projection and explains its twenty-year, June 30, 2024 valuation basis.
Read official response · PDF page 3Explicit agreement covers the stated projection and identifies its dated CalPERS schedule. A point-in-time projection is distinguished from a guaranteed future result.
This review evaluates the response document. Implementation claims have not been independently verified.