Wednesday, March 2, 2011

I have tried to create a chart that allows a fair comparison of California County pension fund data for Period ending 6/30/00. Including SBCERS, LACERA, VECRA, ACERA,SBCERA, SDCERA, CCCERA, KCERA, SamCERA


http://www.sbcgj.org/2000/aud_fin.htm Original chart available here

I have tried to create a chart that allows a fair comparison of a few California County pension funds and there performance for year ending 6/30/00. Based on the data available I knew the SBCERS pension fund was reported as 100% funded with a value of 1.2 Billion dollars  I came up with a equalizing factor to create the comparison by dividing the SBCERS membership  total into the other county members total. Example SBCERS had 4500 members and Los Angeles had 88,470 members or 19.66 X greater than SBCERS. So the factor number would be 19.66 in order to create a fair comparison between the two Counties’


COUNTY
Comparison to Santa Barbara County Employees Retirement System
A
SBCERS x multiplier to create an equal comparison 
B
ACTIVE PARTICIPANTS
Multiplied by comparison factor from column A

C
Current Pension Fund
Value
And  comparison to SBCERS after multiplier
D
Difference between pension fund values
After multiplier applied
E
Estimated funded ratio based on SBCERS known Data for 06/30/00
F
Funded Ratio Based on Other State Records

SBCERS
Current Data
4500 Members
1.2Billion

100%








Los Angeles
1x
88,420
$30.3 Billion
+6.7 Billion
128%
103.3%
SBCERS
19.66x4500=
88,470
$23.6 Billion
-6.7Billion
100%
100%
Orange
1x
20,357
$4.8 Billion
-600 Million
89%
97.9%
SBCERS
4.523x4500=
20,353
$5.4 Billion
+600 Million
100%
100%
San Diego
1x
16,910
$3.7 Billion
-800 Million
92.5%
107.4%
SBCERS
3.76x4500=
16,910
$4.5 Billion
+800 Million
100%
100%
San Bernardino
1x
15,529
$3.6 Billion
-500 Million
88%
108.7%
SBCERS
3.45x4500=
15,525
$4.1 Billion
+500 Million
100%
100%
Sacramento
1x
10,547
$3.3 Billion
+500 Million
118%
110.1%
SBCERS
2.344x4500=
10,548
$2.8 Billion
-500Million
100%
100%
Alameda
1x
9,859
$3.8 Billion
+1.2 Billion
146%
108.5%
SBCERS
2.19x4500=
9,855
$ 2.6 Billion
-1.2 Billion
100%
100%
Contra Costa
1x
8,475
$2.5 Billion
+250 Million
111%
80.5%
SBCERS
1.88x4500=
8,460
$2.25Billion
-250 Million
100%
100%
Kern
1x
6,853
$1.4 Billion
-400 Million
78%
100.1%
SBCERS
1.52x4500=
6840
$1.8 Billion
+400 Million
100%
100%
Ventura
1x
6,840
$2.1 Billion
+300 Million
116%
122.5%
SBCERS
1.52x4500=
6,840
$1.8 Billion
-300 Million
100%
100%
Fresno
1x
5,899
$1.3 Billion
-257 Million
83%
106.4%
SBCERS
1.31x4500=
5,895
$1.57 Billion
+257 Million
100%
100%
San Joaquin
1x
4,835
$1.3 Billion
+10 Million
100%
107.7
SBCERS
1.075x4500=
4,837
$1.29 Billion
-10 Million
100%
100%
San Mateo
1x
4,400
$1.2 Billion
+30 Million
102.5%
98.4%
SBCERS
.977x4500=
4,397
$1.17 Billion
-30 Million
100%
100….5
Stanislaus
1x
4,281
$900 Million
-214 Million
79%
104.6%
SBCERS
.951x4500=
4,280
$1.14 Billion
+214 Million
100%
100%
Sonoma
1x
4,236
$928 Million
-202 Million
82%
98.6%
SBCERS
.941x4500=
4,234
$1.13 Billion
+202 Million
100%
100%
Marin
1x
2,885
$955 Million
+208 Million
128%
101.1%
SBCERS
.641x4500=
2,885
$769 Million
-208 Million
100%
100%
 

No comments: