PERS Unfunded Liability and Insurance Cost Increases
Summary
The Auditor reported CalPERS unfunded accrued liability rates jumped sharply this year — a 23% increase — driving up every department's budget, along with higher workers' comp and cybersecurity insurance costs.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 16, 2026.
Impact analysis
CalPERS rates rose about 23%, plus $81,000 in PERS liability and $163,000 in workers' comp plugged into Public Works alone.
Every county department's budget absorbed the higher retirement and insurance costs.
Mentions & discussions (1)
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