Unfunded Liability

A process measure to help evaluate the County's retirement system is Unfunded Liability. This can be more accurately measured by metrics or Drivers like Net Pension Liability, Pension Assets, Pension Liabilities, Net Pension Liability Ratio, Unrestricted Net Position, and Unfunded Actuarial Accrued Liability (UAAL). More information for these metrics can be found in the Fiscal Stability Calculations spreadsheet.