Recommendation R10
The County should develop a realistic plan that will fully amortize the UPL by 2037 and will maintain the pension plan fully funded.
Jury report: Planning for the Future: The Board of Supervisors' Approach to the Growing $220-Million Problem of Unfunded Pension Liabilities · PDF page 24
Permanent linkOfficial response
Nevada County Board of Supervisors
Agency declines implementationWill not implement the 2037 full-funding target; promises annual plans and a January 2027 compliance report.
Read official response · PDF page 14The target is expressly declined with service-cut and actuarial-uncertainty reasons. The alternative reporting commitments remain distinct from accepting the jury’s payoff date or guaranteeing fully funded status.
- Present a Pension Management Plan to the Board annually. Owner: Nevada County Board of Supervisors. Timing: Annually; no first recurring-plan deadline stated here..
- Bring a compliance report to the Board. Owner: Nevada County Board of Supervisors. Timing: January 2027; no day specified..
This review evaluates the response document. Implementation claims have not been independently verified.