California
Pension Tracker

Joe Nation, Ph.D.

Project Director
Stanford Institute for
Economic Policy Research

The Bottom 25% (Lowest quartile) indicates relatively lower unfunded liabilities. The Top 25% (Highest quartile) indicates relatively higher unfunded liabilities. Metrics reflect the Fiscal Year selected. Agencies reported as NA or agencies for which we do not have geographic locations are excluded from calculations. See Glossary for additional information.

Data reflect Fiscal Year (FY) 2015, the most recent available.

County of Alpine, All CalPERS Plans

PDF Excel Excel
Year:
Detailed Table

Assets, Liabilities and Unfunded Liabilities

Variable CalPERS Plans Miscellaneous Safety Plan
POB Liability NA NA NA
Market Liability $69,906,063 $45,105,927 $24,800,136
Actuarial Liability $41,103,115 $27,545,606 $13,557,509
Value of Assets $31,950,701 $21,564,973 $10,385,728
Market Pension Debt $37,955,362 $23,540,954 $14,414,408
Actuarial Pension Debt $9,152,414 $5,980,633 $3,171,781
Discount Rate for Market Liability 3.250% 3.250% 3.250%
  • Variable

    POB Liability

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      NA


  • Variable

    Market Liability

    • CalPERS Plans

      $69,906,063

    • Miscellaneous

      $45,105,927

    • Safety Plan

      $24,800,136


  • Variable

    Actuarial Liability

    • CalPERS Plans

      $41,103,115

    • Miscellaneous

      $27,545,606

    • Safety Plan

      $13,557,509


  • Variable

    Value of Assets

    • CalPERS Plans

      $31,950,701

    • Miscellaneous

      $21,564,973

    • Safety Plan

      $10,385,728


  • Variable

    Market Pension Debt

    • CalPERS Plans

      $37,955,362

    • Miscellaneous

      $23,540,954

    • Safety Plan

      $14,414,408


  • Variable

    Actuarial Pension Debt

    • CalPERS Plans

      $9,152,414

    • Miscellaneous

      $5,980,633

    • Safety Plan

      $3,171,781


  • Variable

    Discount Rate for Market Liability

    • CalPERS Plans

      3.250%

    • Miscellaneous

      3.250%

    • Safety Plan

      3.250%


*Recommended not to combine dollar and other categories.

Funded Ratios

Variable CalPERS Plans Miscellaneous Safety Plan
Market Funded Ratio 45.7% 47.8% 41.9%
Actuarial Funded Ratio 77.7% 78.3% 76.6%
  • Variable

    Market Funded Ratio

    • CalPERS Plans

      45.7%

    • Miscellaneous

      47.8%

    • Safety Plan

      41.9%


  • Variable

    Actuarial Funded Ratio

    • CalPERS Plans

      77.7%

    • Miscellaneous

      78.3%

    • Safety Plan

      76.6%


*Recommended not to combine dollar and other categories.

Contributions

Variable CalPERS Plans Miscellaneous Safety Plan
Employer Total Contribution (%) NA NA 37.781%
Employer Normal Cost Contribution (%) NA NA 17.453%
Employer Other Contribution (%) NA NA 20.328%
Employer Total Pension Contribution ($) NA NA $302,396
Employer Normal Cost Contribution ($) NA NA $139,692
Employer Other Contribution ($) NA NA $162,704
Employee Contribution (%) 7.239% 6.881% 9.000%
Employee Contribution ($) $342,946 $270,911 $72,035
Payroll $4,737,689 $3,937,297 $800,392
  • Variable

    Employer Total Contribution (%)

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      37.781%


  • Variable

    Employer Normal Cost Contribution (%)

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      17.453%


  • Variable

    Employer Other Contribution (%)

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      20.328%


  • Variable

    Employer Total Pension Contribution ($)

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      $302,396


  • Variable

    Employer Normal Cost Contribution ($)

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      $139,692


  • Variable

    Employer Other Contribution ($)

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      $162,704


  • Variable

    Employee Contribution (%)

    • CalPERS Plans

      7.239%

    • Miscellaneous

      6.881%

    • Safety Plan

      9.000%


  • Variable

    Employee Contribution ($)

    • CalPERS Plans

      $342,946

    • Miscellaneous

      $270,911

    • Safety Plan

      $72,035


  • Variable

    Payroll

    • CalPERS Plans

      $4,737,689

    • Miscellaneous

      $3,937,297

    • Safety Plan

      $800,392


*Recommended not to combine dollar and other categories.

Benefit Levels

Variable CalPERS Plans Miscellaneous Safety Plan  
Benefit Formula 2% @ 55 Misc; 2% @ 62 PEPRA Misc; 3% @ 50 2% @ 55 Misc; 2% @ 62 PEPRA Misc 3% @ 50  
Final Compensation Period 1; 3; 1 1; 3 1  
COLA (%) NA NA NA  
Sick Leave Credit Yes Yes Yes  
  • Variable

    Benefit Formula

    • CalPERS Plans

      2% @ 55 Misc; 2% @ 62 PEPRA Misc; 3% @ 50

    • Miscellaneous

      2% @ 55 Misc; 2% @ 62 PEPRA Misc

    • Safety Plan

      3% @ 50


  • Variable

    Final Compensation Period

    • CalPERS Plans

      1; 3; 1

    • Miscellaneous

      1; 3

    • Safety Plan

      1


  • Variable

    COLA (%)

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      NA


  • Variable

    Sick Leave Credit

    • CalPERS Plans

      Yes

    • Miscellaneous

      Yes

    • Safety Plan

      Yes


Employee and Retiree Demographics

Variable CalPERS Plans Miscellaneous Safety Plan
Active Members 81 71 10
Retired Members 129 102 27
Retired/Active Ratio 1.59 1.44 2.70
Average Annual Pay, Active Members $58,490 $55,455 $80,039
Average Annual Benefits, Retired Members and Beneficiaries $16,348 $13,855 $25,765
Average Attained Age, Retired Members and Beneficiaries 69.4 70.1 66.6
  • Variable

    Active Members

    • CalPERS Plans

      81

    • Miscellaneous

      71

    • Safety Plan

      10


  • Variable

    Retired Members

    • CalPERS Plans

      129

    • Miscellaneous

      102

    • Safety Plan

      27


  • Variable

    Retired/Active Ratio

    • CalPERS Plans

      1.59

    • Miscellaneous

      1.44

    • Safety Plan

      2.70


  • Variable

    Average Annual Pay, Active Members

    • CalPERS Plans

      $58,490

    • Miscellaneous

      $55,455

    • Safety Plan

      $80,039


  • Variable

    Average Annual Benefits, Retired Members and Beneficiaries

    • CalPERS Plans

      $16,348

    • Miscellaneous

      $13,855

    • Safety Plan

      $25,765


  • Variable

    Average Attained Age, Retired Members and Beneficiaries

    • CalPERS Plans

      69.4

    • Miscellaneous

      70.1

    • Safety Plan

      66.6


*Recommended not to combine dollar and other categories.

Agency Expenditure & Revenue

Variable CalPERS Plans
Total Expenditures $14,476,217
Operating Expenditures $14,363,922
Total Revenues $16,672,759
Tax Revenues $5,891,461
  • Variable

    Total Expenditures

    • CalPERS Plans

      $14,476,217

    • Miscellaneous

      $14,476,217

    • Safety Plan

      $14,476,217


  • Variable

    Operating Expenditures

    • CalPERS Plans

      $14,363,922

    • Miscellaneous

      $14,363,922

    • Safety Plan

      $14,363,922


  • Variable

    Total Revenues

    • CalPERS Plans

      $16,672,759

    • Miscellaneous

      $16,672,759

    • Safety Plan

      $16,672,759


  • Variable

    Tax Revenues

    • CalPERS Plans

      $5,891,461

    • Miscellaneous

      $5,891,461

    • Safety Plan

      $5,891,461


*Recommended not to combine dollar and other categories.

Agency Demographics

Variable CalPERS Plans
Population 1,110
Households 493
  • Variable

    Population

    • CalPERS Plans

      1,110

    • Miscellaneous

      1,110

    • Safety Plan

      1,110


  • Variable

    Households

    • CalPERS Plans

      493

    • Miscellaneous

      493

    • Safety Plan

      493


*Recommended not to combine dollar and other categories.

Unfunded Liability Metrics

Variable CalPERS Plans Miscellaneous Safety Plan
Market Pension Debt/Household $76,989 $47,750 $29,238
Market Pension Debt/Capita $34,194 $21,208 $12,986
Market Pension Debt/Total Expenditures 2.62 1.63 1.00
Market Pension Debt/Operating Expenditures 2.64 1.64 1.00
Market Pension Debt/Payroll 8.01 5.98 18.01
Market Pension Debt/Employer Total Pension Contributions NA NA 47.67
Market Pension Debt/Total Revenues 2.28 1.41 0.86
Market Pension Debt/Tax Revenues 6.44 4.00 2.45
Actuarial Pension Debt/Household $18,565 $12,131 $6,434
Actuarial Pension Debt/Capita $8,245 $5,388 $2,857
Actuarial Pension Debt/Total Expenditures 0.63 0.41 0.22
Actuarial Pension Debt/Operating Expenditures 0.64 0.42 0.22
Actuarial Pension Debt/Payroll 1.93 1.52 3.96
Actuarial Pension Debt/Employer Total Pension Contribution NA NA 10.49
Actuarial Pension Debt/Total Revenues 0.55 0.36 0.19
Actuarial Pension Debt/Tax Revenues 1.55 1.02 0.54
Employer Total Pension Contribution
Employer Total Pension Contribution ($)/Total Expenditures NA NA 2.1%
Employer Total Pension Contribution ($)/Operating Expenditures NA NA 2.1%
Employer Total Pension Contribution ($)/Total Revenues NA NA 1.8%
Employer Total Pension Contribution ($)/Tax Revenues NA NA 5.1%
  • Variable

    Market Pension Debt/Household

    • CalPERS Plans

      $76,989

    • Miscellaneous

      $47,750

    • Safety Plan

      $29,238


  • Variable

    Market Pension Debt/Capita

    • CalPERS Plans

      $34,194

    • Miscellaneous

      $21,208

    • Safety Plan

      $12,986


  • Variable

    Market Pension Debt/Total Expenditures

    • CalPERS Plans

      2.62

    • Miscellaneous

      1.63

    • Safety Plan

      1.00


  • Variable

    Market Pension Debt/Operating Expenditures

    • CalPERS Plans

      2.64

    • Miscellaneous

      1.64

    • Safety Plan

      1.00


  • Variable

    Market Pension Debt/Payroll

    • CalPERS Plans

      8.01

    • Miscellaneous

      5.98

    • Safety Plan

      18.01


  • Variable

    Market Pension Debt/Employer Total Pension Contributions

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      47.67


  • Variable

    Market Pension Debt/Total Revenues

    • CalPERS Plans

      2.28

    • Miscellaneous

      1.41

    • Safety Plan

      0.86


  • Variable

    Market Pension Debt/Tax Revenues

    • CalPERS Plans

      6.44

    • Miscellaneous

      4.00

    • Safety Plan

      2.45


  • Variable

    Actuarial Pension Debt/Household

    • CalPERS Plans

      $18,565

    • Miscellaneous

      $12,131

    • Safety Plan

      $6,434


  • Variable

    Actuarial Pension Debt/Capita

    • CalPERS Plans

      $8,245

    • Miscellaneous

      $5,388

    • Safety Plan

      $2,857


  • Variable

    Actuarial Pension Debt/Total Expenditures

    • CalPERS Plans

      0.63

    • Miscellaneous

      0.41

    • Safety Plan

      0.22


  • Variable

    Actuarial Pension Debt/Operating Expenditures

    • CalPERS Plans

      0.64

    • Miscellaneous

      0.42

    • Safety Plan

      0.22


  • Variable

    Actuarial Pension Debt/Payroll

    • CalPERS Plans

      1.93

    • Miscellaneous

      1.52

    • Safety Plan

      3.96


  • Variable

    Actuarial Pension Debt/Employer Total Pension Contribution

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      10.49


  • Variable

    Actuarial Pension Debt/Total Revenues

    • CalPERS Plans

      0.55

    • Miscellaneous

      0.36

    • Safety Plan

      0.19


  • Variable

    Actuarial Pension Debt/Tax Revenues

    • CalPERS Plans

      1.55

    • Miscellaneous

      1.02

    • Safety Plan

      0.54


  • Variable

    Employer Total Pension Contribution ($)/Total Expenditures

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      2.1%


  • Variable

    Employer Total Pension Contribution ($)/Operating Expenditures

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      2.1%


  • Variable

    Employer Total Pension Contribution ($)/Total Revenues

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      1.8%


  • Variable

    Employer Total Pension Contribution ($)/Tax Revenues

    • CalPERS Plans

      NA

    • Miscellaneous

      NA

    • Safety Plan

      5.1%


*Recommended not to combine dollar and other categories.

Pension Tracker

Stanford Institute for Economic Policy Research
366 Galvez Street
Stanford, CA  94305-6050
admin@pensiontracker.org