County is Claiming Significantly Increased Retirement Costs
Subject: FW: Signficant pension increases ahead From: “Miyasato, Mona” <[email protected]> Date: November 7, 2016 at 4:08:28 PM PST To: “Alvarez, Tom” <[email protected]>, and others Subject: Signficant pension increases ahead Dear Department Directors: As you may have heard, the SBCERS Board of Retirement recently voted to change its actuarial assumptions, which determine our pension contribution. Specifically,…