Posted inRiverside

Report: County’s Unfunded Pension Gap Widening Again, But Outlook Positive

Riverside County supervisors Tuesday signed off on a report indicating that county government’s unfunded pension liabilities are growing again, largely due to poor investment returns at the state level, meaning higher near-term costs to the county. “We’re still making progress, albeit slowly,” county Chief Financial Officer Don Kent told the Board of Supervisors during a […]