OPEB and Pension Returns for April 2025 (Attachment 5)
Account Frequency Beg. Balance Contributions Interest Gain(Loss) Fees End Balance Rate PARS-OPEB Monthly 53,494,916.87 801,708.02 (1,516,845.18) (15,088.85) 52,764,690.86 -2.83% FY 2018 6.60%
FY 2019 6.77%
FY 2020 3.62%
FY 2021 26.76%
FY 2022 -13.72%
FY 2023 9.49%
FY 2024 13.37%
FY 2025* 3.85%
*Current Year Annualized Return is based on 9 months of activity.
Annualized Returns
City of Richmond
City of Richmond Finance Department
PARS-OPEB Summary 450 Civic Center Plaza
Period Ending March 31, 2025 Richmond, CA 94804
(510) 620-6740
-3.21%
3.37%
1.41%
2.29%
1.79%
1.41%
-1.91%
3.40%
-2.63%
2.07%
0.41%
-2.83%
1.65%
2.46%
1.46%
7.23%
5.59%
5.59%
1.25%
2.86%
-1.24%
2.76%
-0.21%
-0.41%
-4.00%
-2.00%
0.00%
2.00%
4.00%
6.00%
8.00%
Apr-24
FY2024
May-24
FY2024
Jun-24
FY2024
Jul-24
FY2025
Aug-24
FY2025
Sep-24
FY2025
Oct-24
FY2025
Nov-24
FY2025
Dec-24
FY2025
Jan-25
FY2025
Feb-25
FY2025
Mar-25
FY2025
PARS-OPEB Return Rates
1-Month Return
3-Month Return
OPEB and Pension Returns for April 2025 (Attachment 5)
Account Frequency Beg. Balance Contributions Interest Gain(Loss) Fees End Balance Rate PARS-Pension Monthly 3,307,818.08 864,538.50 (49,908.02) (930.60) 4,121,517.96 -1.42% FY 2025* 3.66%
*Current Year Annualized Return is based on 9 months of activity.
City of Richmond
City of Richmond Finance Department
PARS-Pension Summary 450 Civic Center Plaza
Period Ending March 31, 2025 Richmond, CA 94804
(510) 620-6740
Annualized Returns
0.25% 0.43% 0.45%
2.79%
1.34%
-2.17%
2.21%
-2.11%
1.36% 1.29%
-1.42%
1.13%
3.70%
4.64%
1.91% 1.33%
-2.12%
1.41%
0.50%
1.21%
-3.00%
-2.00%
-1.00%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
May-24
FY2024
Jun-24
FY2024
Jul-24
FY2025
Aug-24
FY2025
Sep-24
FY2025
Oct-24
FY2025
Nov-24
FY2025
Dec-24
FY2025
Jan-25
FY2025
Feb-25
FY2025
Mar-25
FY2025
PARS-Pension Return Rates
1-Month Return
3-Month Return
OPEB and Pension Returns for April 2025 (Attachment 5)
Account Frequency Beg. Balance Contributions Interest Gain(Loss) Fees End Balance Rate CalPERS-CERBT Quarterly 12,488,955.89 196,149.75 170,517.48 (2,211.64) 12,853,411.48 1.37% FY 2020 5.97%
FY 2021 20.47%
FY 2022 -12.60%
FY 2023 3.81%
FY 2024 8.69%
FY 2025* 4.99%
*Current Year Annualized Return is based on 3 quarters of activity.
Annualized Returns
City of Richmond
City of Richmond Finance Department
CalPERS-CERBT Summary 450 Civic Center Plaza
Quarter Ending March 31, 2025 Richmond, CA 94804
(510) 620-6740
-11.49%
-7.36%
5.44%
4.63%
1.58%
-4.39%
10.60%
2.31%
0.47%
7.83%
-3.94%
1.37%
-15.00%
-10.00%
-5.00%
0.00%
5.00%
10.00%
15.00%
Apr-Jun
2022
FY2022
Jul-Sep 2022
FY2023
Oct-Dec
2022
FY2023
Jan-Mar
2023
FY2023
Apr-Jun
2023
FY2023
Jul-Sep 2023
FY2024
Oct-Dec
2023
FY2024
Jan-Mar
2024
FY2024
Apr-Jun
2024
FY2024
Jul-Sep 2024
FY2025
Oct-Dec
2024
FY2025
Jan-Mar
2025
FY2025
CalPERS-CERBT Return Rates
3-Month Return