Posted inBusiness

Report: County’s Pension Debts Still High, But Gap Is Gradually Closing

Riverside County’s unfunded pension liabilities fell slightly in the last year, thanks in part to bond issuances that covered long-term obligations, but the county remains shy of the funded status needed to validate robust financial health, according to a report that the Board of Supervisors will review Tuesday. The Pension Advisory Review Committee’s 16-page narrative […]