Mendocino County Employees Retirement Association 11/5/2025

Mendocino County Employees Retirement Association Board of Retirement · November 5, 2025

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The Mendocino County Board of Retirement meeting was called to order on 11/04/2025, with several members absent.

5:41 → 6:22(41s)

The Mendocino County Employees Retirement Association Board of Retirement met Nov. 4, 2025. Trustees heard and approved the 06/30/2025 actuarial valuation presented by Segal, received the GASB 67 financial-reporting valuation, and reviewed third-quarter investment performance and portfolio rebalancing plans. Board members discussed plan maturity, asset-smoothing deferred gains, payroll assumptions and options to moderate a large amortization "restart" layer that creates a projected contribution-rate cliff in the 2030s.

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Transcript

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