City of Rialto
PENSION FUNDING POLICY
PARS PENSION RATE
STABILIZATION PROGRAM
JUNE 14, 2022
2 PENSION FUNDING POLICY
GOALS
Goal 1 ‐ To reduce and stabilize projected pension contributions to maintain a high level of City Services.
Goal 2 –T o increase the funding ratio for both the City’s Safety and Miscellaneous CalPERS Plans.
UAL FUNDING STRATEGY
• 80% TO 100%
SECTION 115 TRUST PRE‐FUNDING STRATEGY
• 10% to 50% of Excess General Funds
3 PARS PENSION RATE STABILIZATION PROGRAM – SECTION 115 TRUST
4 PARS PENSION RATE STABILIZATION PROGRAM – CITY OF RIALTO PENSION FUNDING STATUS
5 PARS PENSION RATE STABILIZATION PROGRAM – ACTIVE PORTFOLIO RETURNS
6 PARS PENSION RATE STABILIZATION PROGRAM – STRATEGY ALLOCATION - CLIENTS