OPEB and Pension Returns for February 2026 (Attachment 5) Account Frequency Beg. Balance Contributions Interest Gain(Loss) Fees End Balance Rate PARS-OPEB Monthly 60,769,450.50 246,462.50 1,053,647.06 (16,076.40) 62,053,483.66 1.73% 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 10.49%
FY 2026* 8.97%
*FY 2026 Annualized Return is based on 7 months of activity.
Annualized Returns
City of Richmond
City of Richmond Finance Department
PARS-OPEB Summary 450 Civic Center Plaza
Period Ending January 31, 2026 Richmond, CA 94804
(510) 620-6740
0.41%
-2.83%
0.31%
2.81%
3.17%
0.68%
1.90%
2.25%
1.36%
0.45% 0.29%
1.73%
-0.21%
-0.41%
-2.13%
0.21%
6.40%
6.79%
5.85%
4.90%
5.61%
4.11%
2.11%
2.48%
-4.00%
-2.00%
0.00%
2.00%
4.00%
6.00%
8.00%
Feb-25
FY2025
Mar-25
FY2025
Apr-25
FY2025
May-25
FY2025
Jun-25
FY2025
Jul-25
FY2026
Aug-25
FY2026
Sep-25
FY2026
Oct-25
FY2026
Nov-25
FY2026
Dec-25
FY2026
Jan-26
FY2026
PARS-OPEB Return Rates
1-Month Return
3-Month Return
OPEB and Pension Returns for February 2026 (Attachment 5) Account Frequency Beg. Balance Contributions Interest Gain(Loss) Fees End Balance Rate PARS-Pension Monthly 5,761,477.34 0.00 134,537.82 (1,524.71) 5,894,490.45 2.34% FY 2025 7.68%
FY 2026* 10.33%
*FY 2026 Annualized Return is based on 7 months of activity.
Annualized Returns
City of Richmond
City of Richmond Finance Department
PARS-Pension Summary 450 Civic Center Plaza
Period Ending January 31, 2026 Richmond, CA 94804
(510) 620-6740
1.29%
-1.42%
0.31%
1.13%
2.40%
0.17%
2.48% 2.65%
1.42%
0.51% 0.36%
2.34%
0.50%
1.21%
0.16% 0.29%
3.88%
3.73%
5.12%
5.37%
6.69%
4.64%
2.30%
3.23%
-2.00%
-1.00%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
Feb-25
FY2025
Mar-25
FY2025
Apr-25
FY2025
May-25
FY2025
Jun-25
FY2025
Jul-25
FY2026
Aug-25
FY2026
Sep-25
FY2026
Oct-25
FY2026
Nov-25
FY2026
Dec-25
FY2026
Jan-26
FY2026
PARS-Pension Return Rates
1-Month Return
3-Month Return
OPEB and Pension Returns for February 2026 (Attachment 5) Account Frequency Beg. Balance Disbursements Contributions Interest Gain(Loss) Fees End Balance Rate CalPERS-CERBT Quarterly 14,209,179.00 0.00 130,141.99 203,237.57 (2,553.18) 14,540,005.38 1.43% FY 2020 5.97%
FY 2021 20.47%
FY 2022 -12.60%
FY 2023 3.81%
FY 2024 8.69%
FY 2025 10.74%
FY 2026* 6.32%
*FY 2026 Annualized Return is based on 2 quarters of activity.
Annualized Returns
City of Richmond
City of Richmond Finance Department
CalPERS-CERBT Summary 450 Civic Center Plaza
Quarter Ending December 31, 2025 Richmond, CA 94804
(510) 620-6740
4.63%
1.58%
-4.39%
10.60%
2.31%
0.47%
7.83%
-3.94%
1.37%
5.48%
4.82%
1.43%
-6.00%
-4.00%
-2.00%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
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
Apr-Jun 2025
FY2025
Jul-Sep 2025
FY2026
Oct-Dec 2025
FY2026
CalPERS-CERBT Return Rates
3-Month Return