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The Contra Costa County Employees' Retirement Association recently adopted new employer contribution rates. Effective July 1, 2015, the District's employer contribution rate will decrease 9%. This rate decrease is projected to reduce expenditures approximately $700,000 in 2015-2016. The District's estimated pension unfunded actuarial acrrued liability was also updated. The estimated liability decreased from $45M to $40M... Full Story

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