OPEB and Pension Returns for May 2025 (Attachment 5)
Account Frequency Beg. Balance Contributions Interest Gain(Loss) Fees End Balance Rate PARS-OPEB Monthly 52,764,690.86 234,304.16 162,793.65 (14,875.72) 53,146,912.95 0.31% 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* 4.17%
*Current Year Annualized Return is based on 10 months of activity.
Annualized Returns
City of Richmond
City of Richmond Finance Department
PARS-OPEB Summary 450 Civic Center Plaza
Period Ending April 30, 2025 Richmond, CA 94804
(510) 620-6740
3.37%
1.41%
2.29%
1.79%
1.41%
-1.91%
3.40%
-2.63%
2.07%
0.41%
-2.83%
0.31%
2.46%
1.46%
7.23%
5.59%
5.59%
1.25%
2.86%
-1.24%
2.76%
-0.21%
-0.41%
-2.13%
-4.00%
-2.00%
0.00%
2.00%
4.00%
6.00%
8.00%
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
Apr-25
FY2025
PARS-OPEB Return Rates
1-Month Return
3-Month Return
OPEB and Pension Returns for May 2025 (Attachment 5)
Account Frequency Beg. Balance Contributions Interest Gain(Loss) Fees End Balance Rate PARS-Pension Monthly 4,121,517.96 0.00 12,640.59 (1,162.62) 4,132,995.93 0.31% FY 2025* 3.98%
*Current Year Annualized Return is based on 10 months of activity.
City of Richmond
City of Richmond Finance Department
PARS-Pension Summary 450 Civic Center Plaza
Period Ending April 30, 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%
0.31%
0.00% 0.00%
1.13%
3.70%
4.64%
1.91% 1.33%
-2.12%
1.41%
0.50%
1.21%
0.16%
-3.00%
-2.00%
-1.00%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 PARS-Pension Return Rates
1-Month Return
3-month
OPEB and Pension Returns for May 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