Report Offers Positive Outlook for Riverside’s Pension Fund
Riverside County's Pension Advisory Review Committee's annual report found that while public employee pension costs are expected to increase by more than $20 million in the next fiscal year, the long-term pension fund outlook is positive. It noted that 87% of the $5.1 billion worth of projected pension liabilities as of June 30 for non-public safety employees will be covered by the pension system's assets.
- "RIVERSIDE COUNTY: Public Employee Pensions Well-Funded, Report Says" (Horseman, Riverside Press-Enterprise, 4/26).