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Commissioners approve independent review of sheriff’s pension plan after state oversight flagged funding shortfalls
Summary
The board voted to hire an independent third‑party to perform a $20,000 plan‑health review of the sheriff’s pension after staff said the plan had not consistently met actuarial funding recommendations and was placed in delinquent status by the state.
The Vandenberg County Board of Commissioners on Oct. 29 approved an independent plan‑health review of the county sheriff’s pension plan after a presentation by Carter Angel of o3, an employee‑benefits consulting firm.
Angel told commissioners the sheriff’s plan had met the actuary’s recommended contribution only two of the past five years, resulting in state oversight and a delinquent designation. He recommended a targeted plan‑health review — not a full recalculation — to assess plan provisions, assumptions, asset performance and governance. Angel estimated the review at approximately $20,000.
Commissioners asked whether the county council had been previously notified; Angel and commissioners said determining past communications and governance responsibilities would be part of the review. Bob Dyg, a member of county council who spoke during public comment, said Senate Bill 275 prompted the state notification process and urged follow‑up with local legislators.
Commissioner Musgrave moved to approve the study; the motion passed unanimously. Commissioners and staff noted the county council will need to approve any funding request when a contract and cost estimate are presented for payment.
The board asked the consultant to include governance recommendations, such as whether county representatives or auditors should have more formal seats in pension discussions, as part of the scope.
