The County of Sonoma’s unfunded pension liability has dropped by 37 percent since 2020. The County’s unfunded pension liability – the gap between the assets in the pension plan for County employees and the amount owed to retirees – dropped to $392 million in June 2024, down from $625 million at the same point in 2020. The county attributes this to strong investment returns and decisions by the Board of Supervisors to pay down the unfunded liability. The pension system benefits 4,242 active employees, 5,760 retirees and beneficiaries, and 1,765 former employees who have not yet started collecting benefits.
Sonoma County’s Unfunded Pension Liability Drops 37-Percent
