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