Facts at a Glance

Overview

Facts at a Glance

The following information is current as of December 31, 2023, unless otherwise noted.

Membership

  Count
Active 10,349
Deferred 4,109
Retirees and Beneficiaries  
   Service Retirees 10,805
   Disability Retirees 872
   Beneficiaries 1,526
Total 25,263

Benefit Tiers

Tier Benefit
Formula
General Tier 1 – Non-enhanced 1.67% @ 55
General Tier 1 & 3 – Enhanced 2% @ 55
PEPRA General Tier 4 & 5 2.5% @ 67
Safety Tier A - Non-enhanced 2% @ 50
Safety Tier A & C – Enhanced 3% @ 50
PEPRA Safety Tier D & E 2.7% @ 57

Plan Sponsors & Membership Totals

Employer Active
Count
Contra Costa County  
   General Members 7,855
   Safety Members    895
Total 8,750
Bethel Island Municipal Improvement District 5
Byron-Brentwood-Knightsen Union Cemetery District 4
Central Contra Costa Sanitary District 279
Contra Costa County Employees’ Retirement Association 66
Contra Costa County Fire Protection District 534
Contra Costa Housing Authority 78
Contra Costa Local Agency Formation Commission 2
Contra Costa Mosquito & Vector Control District 32
Superior Court of California, County of Contra Costa 297
First 5 Contra Costa Children & Families Commission 24
In-Home Supportive Services Authority 14
Moraga-Orinda Fire Protection District 65
Rodeo Sanitary District 8
Rodeo-Hercules Fire Protection District 22
San Ramon Valley Fire Protection District    169
Total 10,349
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Historical Member Population

A historical perspective of how the member population has changed over the past 20 years can be seen in the chart below:

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Assets and Liabilities

The chart below compares the Valuation Value of Assets to the Actuarial Accrued Liabilities (AAL). To the extent the AAL is covered by assets, the fund can generate earnings to support the benefits that have been granted. When liabilities exceed assets, there exists an Unfunded Actuarial Accrued Liability (UAAL). The UAAL represents the value of benefits that have been granted but not funded.

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CCCERA Assets

The following table shows the progress of the fund over the last 20 years. Dollar amounts are in millions ($1,000 million equals $1 billion). Actual earnings are net of administration and investment expenses.