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 Plans, Including POB

PDF Excel Excel
Plan : From year: to
Detailed Table

Assets, Liabilities and Unfunded Liabilities

Variable 2013 2014 2015
POB Liability NA NA NA
Market Liability $55,678,730 $58,950,461 $69,906,063
Actuarial Liability $34,439,363 $37,586,868 $41,103,115
Value of Assets $26,262,709 $30,141,339 $31,950,701
Market Pension Debt $29,416,021 $28,809,122 $37,955,362
Actuarial Pension Debt $8,176,654 $7,445,529 $9,152,414
Discount Rate for Market Liability 3.723% 3.750% 3.250%
  • Variable

    Market Liability


    • 2015

      $69,906,063

    • 2014

      $58,950,461

    • 2013

      $55,678,730

    • 2012

      $57,600,026

    • 2011

      $43,258,152

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Actuarial Liability


    • 2015

      $41,103,115

    • 2014

      $37,586,868

    • 2013

      $34,439,363

    • 2012

      $31,829,641

    • 2011

      $30,405,750

    • 2010

      $28,071,079

    • 2009

      $26,993,014

    • 2008

      $24,993,540

  • Variable

    Value of Assets


    • 2015

      $31,950,701

    • 2014

      $30,141,339

    • 2013

      $26,262,709

    • 2012

      $22,867,347

    • 2011

      $23,080,086

    • 2010

      $20,341,417

    • 2009

      $18,198,169

    • 2008

      $24,438,594

  • Variable

    Market Pension Debt


    • 2015

      $37,955,362

    • 2014

      $28,809,122

    • 2013

      $29,416,021

    • 2012

      $34,732,679

    • 2011

      $20,178,066

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Actuarial Pension Debt


    • 2015

      $9,152,414

    • 2014

      $7,445,529

    • 2013

      $8,176,654

    • 2012

      $8,962,294

    • 2011

      $7,325,664

    • 2010

      $7,729,662

    • 2009

      $8,794,845

    • 2008

      $554,946

  • Variable

    Discount Rate for Market Liability


    • 2015

      3.250%

    • 2014

      3.750%

    • 2013

      3.723%

    • 2012

      2.980%

    • 2011

      4.820%

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

*Recommended not to combine dollar and other categories.

Funded Ratios

Variable 2013 2014 2015
Market Funded Ratio 47.2% 51.1% 45.7%
Actuarial Funded Ratio 76.3% 80.2% 77.7%
  • Variable

    Market Funded Ratio


    • 2015

      45.7%

    • 2014

      51.1%

    • 2013

      47.2%

    • 2012

      39.7%

    • 2011

      53.4%

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Actuarial Funded Ratio


    • 2015

      77.7%

    • 2014

      80.2%

    • 2013

      76.3%

    • 2012

      71.8%

    • 2011

      75.9%

    • 2010

      72.5%

    • 2009

      67.4%

    • 2008

      97.8%

*Recommended not to combine dollar and other categories.

Contributions

Variable 2013 2014 2015
Employer Total Contribution (%) NA NA NA
Employer Normal Cost Contribution (%) NA NA NA
Employer Other Contribution (%) NA NA NA
Employer Total Pension Contribution ($) NA NA NA
Employer Normal Cost Contribution ($) NA NA NA
Employer Other Contribution ($) NA NA NA
Employee Contribution (%) NA 7.359% 7.239%
Employee Contribution ($) NA $344,764 $342,946
Payroll $4,659,329 $4,684,814 $4,737,689
  • Variable

    Employer Total Contribution (%)


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      0.199%

    • 2011

      0.169%

    • 2010

      17.394%

    • 2009

      17.810%

    • 2008

      17.818%

  • Variable

    Employer Normal Cost Contribution (%)


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      0.101%

    • 2011

      0.098%

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Employer Other Contribution (%)


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      0.099%

    • 2011

      0.071%

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Employer Total Pension Contribution ($)


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      $8,706

    • 2011

      $7,274

    • 2010

      $739,456

    • 2009

      $737,303

    • 2008

      $914,097

  • Variable

    Employer Normal Cost Contribution ($)


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      $4,392

    • 2011

      $4,206

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Employer Other Contribution ($)


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      $4,314

    • 2011

      $3,068

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Employee Contribution (%)


    • 2015

      7.239%

    • 2014

      7.359%

    • 2013

      NA

    • 2012

      NA

    • 2011

      NA

    • 2010

      7.504%

    • 2009

      7.513%

    • 2008

      7.481%

  • Variable

    Employee Contribution ($)


    • 2015

      $342,946

    • 2014

      $344,764

    • 2013

      NA

    • 2012

      NA

    • 2011

      NA

    • 2010

      $319,033

    • 2009

      $311,016

    • 2008

      $383,780

  • Variable

    Payroll


    • 2015

      $4,737,689

    • 2014

      $4,684,814

    • 2013

      $4,659,329

    • 2012

      $4,365,806

    • 2011

      $4,291,562

    • 2010

      $4,251,301

    • 2009

      $4,139,877

    • 2008

      $5,130,171

*Recommended not to combine dollar and other categories.

Benefit Levels

Variable 2013 2014 2015  
Benefit Formula 2% @ 55; 1/2 @ 55; 3% @ 50 2% @ 55; 2% @ 62; 1/2 @ 55; 3% @ 50 2% @ 55 Misc; 2% @ 62 PEPRA Misc; 3% @ 50  
Final Compensation Period 1; 1 1; 3; 1 1; 3; 1  
COLA (%) 2; 2 NA NA  
Sick Leave Credit Y Yes Yes  
  • Variable

    Benefit Formula


    • 2015

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

    • 2014

      2% @ 55; 2% @ 62; 1/2 @ 55; 3% @ 50

    • 2013

      2% @ 55; 1/2 @ 55; 3% @ 50

    • 2012

      2% @ 55; 1/2 @ 55; 3% @ 50

    • 2011

      2% @ 55; 1/2 @ 55; 3% @ 50

    • 2010

      2% @ 55; 1/2 @ 55; 3% @ 50

    • 2009

      2% @ 55; 1/2 @ 55; 3% @ 50

    • 2008

      2% @ 55; 1/2 @ 55; 3% @ 50

  • Variable

    Final Compensation Period


    • 2015

      1; 3; 1

    • 2014

      1; 3; 1

    • 2013

      1; 1

    • 2012

      1; 1

    • 2011

      1; 1

    • 2010

      1; 1

    • 2009

      1; 1

    • 2008

      1; 1

  • Variable

    COLA (%)


    • 2015

      NA

    • 2014

      NA

    • 2013

      2; 2

    • 2012

      2; 2

    • 2011

      2; 2

    • 2010

      2; 2

    • 2009

      0; 0

    • 2008

      2; 2

  • Variable

    Sick Leave Credit


    • 2015

      Yes

    • 2014

      Yes

    • 2013

      Y

    • 2012

      Y

    • 2011

      Y

    • 2010

      Y

    • 2009

      Y

    • 2008

      Y

Employee and Retiree Demographics

Variable 2013 2014 2015
Active Members 76 77 81
Retired Members 123 123 129
Retired/Active Ratio 1.62 1.60 1.59
Average Annual Pay, Active Members NA $60,842 $58,490
Average Annual Benefits, Retired Members and Beneficiaries NA $13,697 $16,348
Average Attained Age, Retired Members and Beneficiaries NA 69.9 69.4
  • Variable

    Active Members


    • 2015

      81

    • 2014

      77

    • 2013

      76

    • 2012

      74

    • 2011

      71

    • 2010

      72

    • 2009

      69

    • 2008

      87

  • Variable

    Retired Members


    • 2015

      129

    • 2014

      123

    • 2013

      123

    • 2012

      117

    • 2011

      127

    • 2010

      118

    • 2009

      113

    • 2008

      102

  • Variable

    Retired/Active Ratio


    • 2015

      1.59

    • 2014

      1.60

    • 2013

      1.62

    • 2012

      1.58

    • 2011

      1.79

    • 2010

      1.64

    • 2009

      1.64

    • 2008

      1.17

  • Variable

    Average Annual Pay, Active Members


    • 2015

      $58,490

    • 2014

      $60,842

    • 2013

      NA

    • 2012

      NA

    • 2011

      NA

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Average Annual Benefits, Retired Members and Beneficiaries


    • 2015

      $16,348

    • 2014

      $13,697

    • 2013

      NA

    • 2012

      NA

    • 2011

      NA

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Average Attained Age, Retired Members and Beneficiaries


    • 2015

      69.4

    • 2014

      69.9

    • 2013

      NA

    • 2012

      NA

    • 2011

      NA

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

*Recommended not to combine dollar and other categories.

Agency Expenditure & Revenue

Variable 2013 2014 2015
Total Expenditures $15,847,036 $18,591,796 $14,476,217
Operating Expenditures $15,407,477 $18,479,500 $14,363,922
Total Revenues $17,476,561 $16,037,942 $16,672,759
Tax Revenues $5,681,068 $5,739,267 $5,891,461
  • Variable

    Total Expenditures


    • 2015

      $14,476,217

    • 2014

      $18,591,796

    • 2013

      $15,847,036

    • 2012

      $18,554,914

    • 2011

      $14,985,215

    • 2010

      $14,559,262

    • 2009

      $15,902,466

    • 2008

      $16,232,167

  • Variable

    Operating Expenditures


    • 2015

      $14,363,922

    • 2014

      $18,479,500

    • 2013

      $15,407,477

    • 2012

      $18,479,920

    • 2011

      $14,917,480

    • 2010

      $14,488,947

    • 2009

      $15,829,571

    • 2008

      $16,156,692

  • Variable

    Total Revenues


    • 2015

      $16,672,759

    • 2014

      $16,037,942

    • 2013

      $17,476,561

    • 2012

      $17,928,079

    • 2011

      $17,643,828

    • 2010

      $17,447,087

    • 2009

      $16,140,487

    • 2008

      $15,363,385

  • Variable

    Tax Revenues


    • 2015

      $5,891,461

    • 2014

      $5,739,267

    • 2013

      $5,681,068

    • 2012

      $5,506,572

    • 2011

      $5,966,709

    • 2010

      $6,100,293

    • 2009

      $5,570,671

    • 2008

      $5,586,079

*Recommended not to combine dollar and other categories.

Agency Demographics

Variable 2013 2014 2015
Population 1,126 1,107 1,110
Households 250 493 493
  • Variable

    Population


    • 2015

      1,110

    • 2014

      1,107

    • 2013

      1,126

    • 2012

      1,135

    • 2011

      1,119

    • 2010

      1,135

    • 2009

      1,178

    • 2008

      1,200

  • Variable

    Households


    • 2015

      493

    • 2014

      493

    • 2013

      250

    • 2012

      499

    • 2011

      497

    • 2010

      498

    • 2009

      498

    • 2008

      494

*Recommended not to combine dollar and other categories.

Unfunded Liability Metrics

Variable 2013 2014 2015
Market Pension Debt
Market Pension Debt/Household $117,664 $58,436 $76,989
Market Pension Debt/Capita $26,136 $26,025 $34,194
Market Pension Debt/Total Expenditures 1.86 1.55 2.62
Market Pension Debt/Operating Expenditures 1.91 1.56 2.64
Market Pension Debt/Payroll 6.31 6.15 8.01
Market Pension Debt/Employer Total Pension Contributions NA NA NA
Market Pension Debt/Total Revenues 1.68 1.80 2.28
Market Pension Debt/Tax Revenues 5.18 5.02 6.44
Actuarial Pension Debt
Actuarial Pension Debt/Household $32,707 $15,102 $18,565
Actuarial Pension Debt/Capita $7,265 $6,726 $8,245
Actuarial Pension Debt/Total Expenditures 0.52 0.40 0.63
Actuarial Pension Debt/Operating Expenditures 0.53 0.40 0.64
Actuarial Pension Debt/Payroll 1.75 1.59 1.93
Actuarial Pension Debt/Employer Total Pension Contribution NA NA NA
Actuarial Pension Debt/Total Revenues 0.47 0.46 0.55
Actuarial Pension Debt/Tax Revenues 1.44 1.30 1.55
Employer Total Pension Contribution
Employer Total Pension Contribution ($)/Total Expenditures NA NA NA
Employer Total Pension Contribution ($)/Operating Expenditures NA NA NA
Employer Total Pension Contribution ($)/Total Revenues NA NA NA
Employer Total Pension Contribution ($)/Tax Revenues NA NA NA
  • Variable

    Market Pension Debt/Household


    • 2015

      $76,989

    • 2014

      $58,436

    • 2013

      $117,664

    • 2012

      $69,605

    • 2011

      $40,600

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Market Pension Debt/Capita


    • 2015

      $34,194

    • 2014

      $26,025

    • 2013

      $26,136

    • 2012

      $30,601

    • 2011

      $18,040

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Market Pension Debt/Total Expenditures


    • 2015

      2.62

    • 2014

      1.55

    • 2013

      1.86

    • 2012

      1.87

    • 2011

      1.35

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Market Pension Debt/Operating Expenditures


    • 2015

      2.64

    • 2014

      1.56

    • 2013

      1.91

    • 2012

      1.88

    • 2011

      1.35

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Market Pension Debt/Payroll


    • 2015

      8.01

    • 2014

      6.15

    • 2013

      6.31

    • 2012

      7.96

    • 2011

      4.70

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Market Pension Debt/Employer Total Pension Contributions


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      3,989.51

    • 2011

      2,774.00

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Market Pension Debt/Total Revenues


    • 2015

      2.28

    • 2014

      1.80

    • 2013

      1.68

    • 2012

      1.94

    • 2011

      1.14

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Market Pension Debt/Tax Revenues


    • 2015

      6.44

    • 2014

      5.02

    • 2013

      5.18

    • 2012

      6.31

    • 2011

      3.38

    • 2010

      NA

    • 2009

      NA

    • 2008

      NA

  • Variable

    Actuarial Pension Debt/Household


    • 2015

      $18,565

    • 2014

      $15,102

    • 2013

      $32,707

    • 2012

      $17,961

    • 2011

      $14,740

    • 2010

      $15,537

    • 2009

      $17,678

    • 2008

      $1,125

  • Variable

    Actuarial Pension Debt/Capita


    • 2015

      $8,245

    • 2014

      $6,726

    • 2013

      $7,265

    • 2012

      $7,896

    • 2011

      $6,550

    • 2010

      $6,810

    • 2009

      $7,466

    • 2008

      $463

  • Variable

    Actuarial Pension Debt/Total Expenditures


    • 2015

      0.63

    • 2014

      0.40

    • 2013

      0.52

    • 2012

      0.48

    • 2011

      0.49

    • 2010

      0.53

    • 2009

      0.55

    • 2008

      0.03

  • Variable

    Actuarial Pension Debt/Operating Expenditures


    • 2015

      0.64

    • 2014

      0.40

    • 2013

      0.53

    • 2012

      0.48

    • 2011

      0.49

    • 2010

      0.53

    • 2009

      0.56

    • 2008

      0.03

  • Variable

    Actuarial Pension Debt/Payroll


    • 2015

      1.93

    • 2014

      1.59

    • 2013

      1.75

    • 2012

      2.05

    • 2011

      1.71

    • 2010

      1.82

    • 2009

      2.12

    • 2008

      0.11

  • Variable

    Actuarial Pension Debt/Employer Total Pension Contribution


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      1,029.44

    • 2011

      1,007.10

    • 2010

      10.45

    • 2009

      11.93

    • 2008

      0.61

  • Variable

    Actuarial Pension Debt/Total Revenues


    • 2015

      0.55

    • 2014

      0.46

    • 2013

      0.47

    • 2012

      0.50

    • 2011

      0.42

    • 2010

      0.44

    • 2009

      0.54

    • 2008

      0.04

  • Variable

    Actuarial Pension Debt/Tax Revenues


    • 2015

      1.55

    • 2014

      1.30

    • 2013

      1.44

    • 2012

      1.63

    • 2011

      1.23

    • 2010

      1.27

    • 2009

      1.58

    • 2008

      0.10

  • Variable

    Employer Total Pension Contribution ($)/Total Expenditures


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      0.0%

    • 2011

      0.0%

    • 2010

      5.1%

    • 2009

      4.6%

    • 2008

      5.6%

  • Variable

    Employer Total Pension Contribution ($)/Operating Expenditures


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      0.0%

    • 2011

      0.0%

    • 2010

      5.1%

    • 2009

      4.7%

    • 2008

      5.7%

  • Variable

    Employer Total Pension Contribution ($)/Total Revenues


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      0.0%

    • 2011

      0.0%

    • 2010

      4.2%

    • 2009

      4.6%

    • 2008

      5.9%

  • Variable

    Employer Total Pension Contribution ($)/Tax Revenues


    • 2015

      NA

    • 2014

      NA

    • 2013

      NA

    • 2012

      0.2%

    • 2011

      0.1%

    • 2010

      12.1%

    • 2009

      13.2%

    • 2008

      16.4%

*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