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Board approves implementing updated TERA retirement contribution rates this fiscal year
Tulare County Board of Supervisors · March 17, 2026
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Summary
The Board of Supervisors voted 5-0 to implement proposed employer and employee contribution-rate changes for the Tulare County Employees Retirement Association (TERA) at the start of the fiscal year; staff said the increase is driven by career-incentive costs rather than fund performance.
Leanne Malison, administrator for the Tulare County Employees Retirement Association (TERA), presented the retirement-plan contribution options the board considers annually and recommended implementing the proposed rates at the start of the fiscal year.
Malison said the recommended…
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