Plan Membership |
As of January 1, 2025 |
Covered Payroll |
$647,441,280 |
Average Pay per Active Member |
$51,799 |
Actuarially Determined Contribution (ADC) |
|
Unfunded Actuarial Accrued Liability (UAAL) |
$263,032,993 |
Amortization of UAAL, with interest to mid-year |
$31,199,626 |
Normal Cost, with interest to mid-year |
$44,491,877 |
Reduction in Normal Cost for Member Contributions |
$25,216,266 |
Actuarially Determined Contribution, County Portion
|
$50,475,238
|
    as a percent of payroll |
8.14% |
Plan Assets |
|
Actuarial Value |
$849,368,857 |
Market Value |
$832,401,115 |
Funded Status |
|
Entry Age Normal Actuarial Accrued Liability
|
$1,085,401,850 |
Funded Ratios
Funded Percentage on Actuarial Value of Assets |
Funded Percentage on Market Value of Assets |
|
|