Contra Costa County Employees Retirement Association
public plan · Contra Costa County · San Jose, CA
Funding History
What This Means for You
Contra Costa County Employees Retirement Association is 81% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $2.2B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $9.3B | $11.5B | 80.8% | $401.7M |
| 2024 | $9.1B | $11.5B | 79.1% | $373.2M |
| 2023 | $8.7B | $11.3B | 77.2% | $378.2M |
| 2022 | $8.2B | $11.0B | 74.6% | $419.6M |
| 2021 | $8.0B | $8.8B | 91.2% | $458.9M |
Frequently Asked Questions
Contra Costa County Employees Retirement Association is 81% funded, meaning it has 81 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Contra Costa County Employees Retirement Association has 24,385 total participants, including 11,731 active employees and 12,654 retirees currently receiving benefits.
Contra Costa County Employees Retirement Association is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.