PERS

28 04, 2017

Allocation of PERS UAAL Cost

2017-04-28T10:52:35+00:00 April 28th, 2017|

Question: I am curious how other agencies are handling the PERS Unfunded Accrued Actuarial Liability cost in their departmental charges?  When it became effective with the Safety plans a few years back, since it was just our General Fund Police and Fire departments, we calculated and charged UAAL as a percentage of pay and did [...]

16 02, 2017

Employee’s Share of PERS Costs and Cost Sharing

2017-02-16T12:46:17+00:00 February 16th, 2017|

Question: Currently, Tahoe City Public Utility District employees pick up 100% of the employee’s share of PERS costs (8% Classic) AND employees participate in cost-sharing not to exceed 50% of normal cost. TCPUD is interested in what other agencies have negotiated the same with their employees. Have any of you done the following: Do your employees [...]

12 06, 2015

PERS Prepayments

2015-06-12T15:38:40+00:00 June 12th, 2015|

As part of our budget adoption process we are considering prepaying our current year PERS contributions and/or paying off a portion of our side fund liabilities.  I have been asked to inquire of this group whether any of your agencies have done either of these options with PERS and/or are considering doing this for the [...]