Mendocino County Employees Retirement Association 11/4/2026

The Mendocino County Employees Retirement Association Board of Retirement met on November 4, 2026. The board accepted Cheiron’s actuarial valuation for June 30, 2026, by a motion that passed with the votes of the quorum. Cheiron reported improved funded status and a reduction in unfunded liability, driven largely by investment returns, and projected the plan could reach full funding by 2031 if assumptions are met. Trustees discussed the time available to review the report and the timing needed for county budgeting; staff said they are working on a recurring calendar and earlier materials. No new actuarial contract award or spending authorization was made.