Loren D. Stark Company
EPIC Retirement Plan Services
Randall & Hurley, Inc.
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|Managing Your Agency's CalPERS Pension Liabilities|
Best Best & Krieger LLP
July 23, 2021
"The mere act of paying the [unfunded accrued liability (UAL)] portion of your annual Required Contribution at the beginning of each fiscal year as a lump sum (instead of monthly) will save your agency 3.5% in interest for the year on that amount. Prepaying even larger amounts of UAL can dramatically reduce the size of your overall liability over time."
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