Recommendation R1
The County should provide a detailed report of why the adopted Pension Management Policy from 2019 failed to address the problem and allowed it to become more pronounced.
Jury report: Planning for the Future: The Board of Supervisors' Approach to the Growing $220-Million Problem of Unfunded Pension Liabilities · PDF page 23
Permanent linkOfficial response
Nevada County Board of Supervisors
Agency declines implementationWill not implement; defends the 2019 policy’s balance between pensions and service delivery.
Read official response · PDF page 10The disposition is explicit on page 10; page 11 explains the policy’s intended flexibility and near-stable funded ratios. Refusal with reasons is not treated as non-engagement.
This review evaluates the response document. Implementation claims have not been independently verified.