Pension & Benefits Dashboard

County employee retirement fund status and long-term obligations

Pension Fund Status

87.4%
Funded Ratio - Above State Minimum (70%)
$412M
Total Assets
$471M
Total Liability
$59M
Unfunded Liability
1,842
Active Members
1,156
Retirees
7.2%
Assumed Return

Funded Ratio History (10 Years)

Asset Allocation

Benefits Cost Summary

Category Annual Cost Per Employee % of Payroll 5-Year Trend
Pension Contribution $18,450,000 $6,479 12.8% ↑ 2.1%/yr
Health Insurance $42,300,000 $14,857 29.4% ↑ 4.8%/yr
Dental/Vision $3,200,000 $1,124 2.2% → 1.2%/yr
Life Insurance $890,000 $313 0.6% → 0.5%/yr
Workers Comp $4,150,000 $1,458 2.9% ↓ 1.5%/yr
FICA/Medicare $11,020,000 $3,870 7.65% ↑ 3.2%/yr
TOTAL BENEFITS $80,010,000 $28,101 55.6% ↑ 3.4%/yr

Long-Term Obligations

$59M
Unfunded Pension Liability
$127M
OPEB Liability (Retiree Health)
$186M
Total Post-Employment Obligations
18 yrs
Amortization Period

Sustainability Analysis

Scenario 2025 2030 2035 2040 Risk Level
Baseline (Current Policy) 87.4% 89.2% 92.1% 95.8% Low
Market Downturn (-20%) 87.4% 78.5% 82.3% 87.1% Medium
Lower Returns (5.5%) 87.4% 84.1% 81.8% 79.2% Medium
Contribution Holiday 87.4% 72.3% 65.1% 58.4% High