State Data » California » San Bernadino County ERA » San Bernadino County ERA

San Bernadino County ERA Basics

  • Established 1945
  • Currently open to new hires
  • Plan covers local employees
  • Plan members covered by Social Security
  • Multiple employer, cost sharing plan

Assets, Participants, and Benefits

Assets at Year-End, San Bernadino County ERA, 2001-2024

Fiscal Year Net Assets (billions)
2001 3.36
2002 3.14
2003 3.17
2004 4.23
2005 4.64
2006 5.22
2007 6.30
2008 6.11
2009 4.54
2010 5.03
2011 6.14
2012 6.17
2013 7.10
2014 8.00
2015 8.27
2016 8.20
2017 9.29
2018 10.07
2019 10.59
2020 10.29
2021 13.64
2022 13.30
2023 14.07
2024 15.25

Source: Public Plans Database

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Number of Actives per Annuitant, 2001-2024

Fiscal Year San Bernadino County ERA US State and Local Pensions
2001 2.9 2.4
2002 3.0 2.3
2003 2.9 2.2
2004 2.7 2.1
2005 2.6 2.1
2006 2.5 2.0
2007 2.5 2.0
2008 2.4 1.9
2009 2.2 1.9
2010 2.2 1.8
2011 2.1 1.7
2012 2.0 1.6
2013 1.9 1.6
2014 1.8 1.5
2015 1.8 1.5
2016 1.8 1.4
2017 1.7 1.4
2018 1.7 1.4
2019 1.6 1.3
2020 1.6 1.3
2021 1.5 1.2
2022 1.4 1.2
2023 1.4 1.2
2024 1.5 1.2

Source: Public Plans Database

National data averages are weighted by plan size.

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Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for San Bernadino County ERA, 2001-2024

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll
2001 7.6 0.0 5.4 7.6
2002 8.0 0.0 5.3 8.0
2003 7.3 0.0 6.1 7.3
2004 69.1 0.0 8.0 69.1
2005 16.7 0.0 9.6 16.7
2006 19.2 0.0 10.0 19.2
2007 21.8 0.0 10.8 21.8
2008 19.8 0.0 11.1 19.8
2009 20.1 0.0 11.2 20.1
2010 19.5 0.0 11.7 19.5
2011 20.7 0.0 13.4 20.7
2012 22.1 0.0 14.2 22.1
2013 24.0 0.0 15.3 24.0
2014 22.0 0.0 14.9 22.0
2015 23.2 0.0 15.2 23.2
2016 25.3 0.0 15.2 25.3
2017 25.6 0.0 15.4 25.6
2018 25.6 0.0 17.6 25.6
2019 28.9 0.0 16.6 28.9
2020 29.5 0.0 18.3 29.5
2021 30.4 0.0 18.2 30.4
2022 33.1 0.0 18.7 33.1
2023 30.7 0.0 18.3 30.7
2024 29.9 0.0 18.3 29.9

Source: Public Plans Database

National data averages are weighted by plan size.

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Actuarial Funding

Actuarial Funded Ratio for San Bernadino County ERA, 2001-2024

Fiscal Year San Bernadino County ERA National Data
2001 111.5 101.6
2002 99.1 94.7
2003 87.3 88.8
2004 93.2 87.0
2005 91.1 85.4
2006 92.0 85.2
2007 93.1 86.2
2008 93.6 84.4
2009 91.0 78.5
2010 85.5 75.8
2011 79.2 74.4
2012 78.9 72.4
2013 79.3 72.0
2014 80.0 73.2
2015 80.8 73.2
2016 81.9 71.7
2017 78.7 72.1
2018 79.5 72.4
2019 80.0 72.6
2020 77.9 72.8
2021 82.0 75.9
2022 84.8 76.4
2023 85.5 76.3
2024 87.3 76.0

Source: Public Plans Database

National data averages are weighted by plan size.

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Investments

Asset Allocation for San Bernadino County ERA, 2024

Category Percent
Equities 20.0
Fixed Income 36.1
Private Equity 19.1
Real Estate 3.7
Cash 0.0
Other 0.0
Commodities 5.3
Hedge Fund 15.8
Misc. Alternatives 0.0

Source: Public Plans Database

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Asset Allocation for State and Local Pensions, 2024

Category Percent
Equities 42.4
Fixed Income 21.1
Private Equity 13.7
Real Estate 9.1
Cash 2.4
Other 0.0
Commodities 3.0
Hedge Fund 6.5
Misc. Alternatives 1.7

Source: Public Plans Database

National data averages are weighted by plan size.

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Asset allocation for San Bernadino County ERA, 2001-2024

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 56.8 36.8 0.0 6.4 0.0 0.0 0.0 0.0 0.0
2002 59.5 32.6 0.0 7.8 0.1 0.0 0.0 0.0 0.0
2003 63.1 30.1 0.0 6.6 0.2 0.0 0.0 0.0 0.0
2004 54.1 34.0 0.4 6.4 0.4 0.0 0.0 4.7 0.0
2005 56.2 28.3 1.2 7.4 1.3 0.0 0.0 5.6 0.0
2006 51.1 23.0 4.6 10.3 1.8 0.0 1.2 7.9 0.0
2007 53.4 14.3 8.1 11.3 5.3 0.0 1.4 6.2 0.0
2008 36.1 23.7 14.9 12.3 3.6 0.0 4.5 4.9 0.0
2009 21.3 30.0 18.0 11.9 10.7 0.0 6.6 1.5 0.0
2010 29.6 31.4 18.8 8.4 0.0 0.0 6.9 4.9 0.0
2011 28.5 29.3 19.1 7.3 0.5 0.0 6.4 8.9 0.0
2012 31.1 31.3 19.2 8.4 0.4 0.0 6.2 3.4 0.0
2013 33.1 27.2 16.6 6.9 3.6 0.0 5.6 7.0 0.0
2014 32.3 26.6 15.8 6.2 5.1 0.0 4.9 9.1 0.0
2015 36.4 27.8 14.5 6.4 1.8 0.0 5.3 7.8 0.0
2016 33.6 29.1 14.6 6.7 4.8 0.0 5.0 6.2 0.0
2017 35.2 27.1 13.5 6.2 0.5 0.0 4.4 13.1 0.0
2018 37.4 28.4 12.5 5.1 0.9 0.0 5.4 10.3 0.0
2019 28.0 29.8 15.8 4.2 0.0 0.0 4.6 17.6 0.0
2020 34.7 29.9 17.2 4.6 2.6 0.0 4.5 6.5 0.0
2021 36.2 29.1 16.8 3.6 4.5 0.0 4.0 5.8 0.0
2022 26.8 37.8 19.2 4.2 1.3 0.0 4.7 6.0 0.0
2023 18.9 36.9 18.3 3.8 2.6 0.0 4.9 14.6 0.0
2024 20.0 36.1 19.1 3.7 0.0 0.0 5.3 15.8 0.0

Source: Public Plans Database

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Annual Return as of June 30 for San Bernadino County ERA, 2001-2024

Fiscal Year San Bernadino County ERA Assumed return
2001 -3.24 8.16
2002 -4.33 8.00
2003 0.70 8.16
2004 15.95 8.00
2005 9.75 8.00
2006 12.06 8.00
2007 19.51 8.00
2008 -3.54 8.00
2009 -25.89 8.00
2010 10.71 8.00
2011 22.25 7.75
2012 0.65 7.75
2013 14.76 7.75
2014 12.33 7.50
2015 4.40 7.50
2016 -0.97 7.50
2017 13.40 7.25
2018 8.64 7.25
2019 4.99 7.25
2020 -2.85 7.25
2021 32.60 7.25
2022 -0.10 7.25
2023 5.00 7.25
2024 9.30 7.25

Source: Public Plans Database

National data averages are weighted by plan size.

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Cash Flows

Cash Flow vs. Total Assets (Millions)
San Bernadino County ERA
2001-2024

Fiscal Year Cash Flow Assets
2001 -45.7 3,361.8
2002 -53.1 3,137.1
2003 11.7 3,170.8
2004 510.2 4,227.4
2005 -0.8 4,637.5
2006 21.7 5,219.7
2007 51.8 6,295.0
2008 34.0 6,105.5
2009 22.8 4,544.4
2010 -1.4 5,029.5
2011 -10.9 6,136.6
2012 -3.0 6,173.3
2013 18.9 7,104.6
2014 13.5 7,995.1
2015 -4.3 8,271.7
2016 5.3 8,197.0
2017 -6.7 9,288.4
2018 -23.2 10,067.0
2019 18.7 10,588.4
2020 1.0 10,287.3
2021 -3.6 13,636.9
2022 -12.8 13,302.9
2023 -34.2 14,071.4
2024 -33.5 15,248.2

Source: Public Plans Database

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Note: The PPD average is for plans with a similar fiscal year end (FYE) date to the plan presented on this page.


Cash Flow as a Percentage of Assets
San Bernadino County ERA
2001-2024

Fiscal Year San Bernadino County ERA National Average
2001 -1.4 -2.0
2002 -1.7 -2.4
2003 0.4 -2.5
2004 12.1 -1.8
2005 0.0 -2.2
2006 0.4 -2.6
2007 0.8 -2.1
2008 0.6 -2.2
2009 0.5 -3.1
2010 0.0 -3.2
2011 -0.2 -3.1
2012 0.0 -3.3
2013 0.3 -3.2
2014 0.2 -2.9
2015 -0.1 -2.7
2016 0.1 -3.0
2017 -0.1 -2.8
2018 -0.2 -2.5
2019 0.2 -2.4
2020 0.0 -2.3
2021 0.0 -2.0
2022 -0.1 -1.9
2023 -0.2 -1.9
2024 -0.2 -1.8

Source: Public Plans Database

National data averages are weighted by plan size.

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