FINANCIAL_SERVICESONGOING

Butte County Air Quality Management District Governing Board Meeting Agenda Packet April 2026

CalPERS Issues 2024 Valuation for District Pension Plans

Butte County Air Quality Management DistrictCALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM (CALPERS)April 23, 2026

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Description

CalPERS provided its June 30, 2024 actuarial valuation for Butte County AQMD’s Miscellaneous pension plans, detailing funding status and FY 2026-27 employer contribution and UAL payment requirements. The report confirms ongoing participation in CalPERS with a reported 74.8% funded status and a $2.25 million unfunded liability.

Contract Details

Vendor

CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM (CALPERS)

Agency

Butte County Air Quality Management District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

April 23, 2026

Contract Term

Ongoing participation in CalPERS pension plans; FY 2026-27 rates provided

Renewal Date

2032-06-30

Renewal Info

CalPERS rates and unfunded accrued liability payments are updated annually based on actuarial valuations; UAL payments are projected to increase through FY 2031-32.

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