Accelerated Payment of Unfunded Pension Liability

Board of Supervisors

Meeting Date: 11/13/2012


Following up on their October 2nd workshop, the Board will consider authorizing a $32.2 million one-time contribution, or roughly 70% of the available one-time sources, towards the County's unfunded pension liability.  If adopted, it is anticipated that this one time payment would generate ongoing annual savings beginning in Fiscal Year 2014-15.

Need more info? See the report on the pension payment


The Board authorized contribution towards unfunded pension liability


Dan Eilerman, County Administrator's Office

About Meeting Highlights

Every Thursday we post previews of upcoming items for the next board meeting and reviews of items from the last.

Meeting Highlights Archive

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012

Subscribe to Highlights