As we slowly exit winter, the blossoms signal spring and a warm up on the political front both nationally and here in Fresno County. As budgets are built, reviewed, debated, scrutinized and then allocated- we can see how the funding process impacts law enforcement. Some budget items (namely federal and state resources) have a trickle- down effect that is most visible when it reaches local jurisdictions.
One of the goals of the Trump administration is to construct a border wall. The wall is one of the projects planned and in the budget building process. These expenditures will no doubt have an impact on the money allocated to state and local governments. These pricy projects will instantly impact law enforcement (as you can see in the bullet points below) - because funds we rely on locally will be dramatically cut.
The current budget is still being discussed. The snapshot below provides some information regarding what the showdown will be about.
I will continue to follow the progress of the federal budget and the impacts it will have to the Fresno County Sheriff’s Office and/or the County of Fresno.
There is a bit of stabilization to report on the retirement front for all Fresno County employees. Each year an actuarial report is put together by FCERA and then presented/proposed to the Fresno County Board of Supervisors for approval. This year, since many new employees were hired in Fresno County- the retirement fund became more stable. Another factor is a strong stock market. Below, depending on what tier you are in, you will see the overall reflection in the amount you have to pay for your individual pension.
Also, a reminder to FDSA members, our own Deputy Sheriff John Robinson is now a trustee on the retirement board of FCERA. Although John is new to the board, he will be learning more about the system and be available to you for any questions that you may have. He is also open to suggestions on ways to improve the fund/system in the future.
Below I have attached the memo released to all employee labor groups for the upcoming recommended rates.
TO: All Certified Employee Organizations
Re: Retirement Actuarial Recommendations
County of Fresno DEPARTMENT OF HUMAN RESOURCES PAUL NERLAND DIRECTOR
SENT VIA: U.S. MAIL E-MAIL
The Fresno County Retirement Board is required by law to conduct periodic actuarial studies of the County's retirement system. The retirement system's funded status is evaluated every year, based on a June 30th effective date. The purpose of this analysis is to evaluate the solvency of the fund and determine the contributions required by plan members and the participating employer for the upcoming fiscal year. Any action proposed by the Retirement Board that would impact the plan's interest rate, or employee and employer contribution rates, must be provided to the Board of Supervisors for consideration at least 45 days prior to the beginning of the succeeding fiscal year.
On December 13, 2017, the Board of Retirement approved and adopted the actuarial valuation report as of June 30, 2017, prepared by the Segal Company. Based on the actuarial valuation report, the recommended employee rates are as follows:
|Current Rates||Recommended Average Rates|
General Tier I
|General Tier II||7.26%||7.22%|
|General Tier III||8.00%||7.99%|
|General Tier iV||7.11%||7.06%|
|General Tier V||7.26%||7.23%|
|Safety Tier I||13.21%||13.18%|
|Safety Tier II||11.59%||11.61%|
|Safety Tier IV||10.06%||10.09%|
|Safety Tier V||12.03%||12.07%|
Mark your calendars for Thursday, May 3, 2018 to remember our local law enforcement officers who have been killed in the line of duty. The annual Peace Officer Memorial Ceremony will take place in Courthouse Park at noon. At 5:30pm that evening, a reception held at the FDSA honoring our deputies killed in the line of duty. This is a great event to support the families of those who have paid the ultimate price. We would like to invite you all to attend.