The following information is current as of June 30, 2025, unless otherwise noted. The data below reflects the annual Actuarial Valuation Report and is updated after that report is approved by the Board of Retirement, usually 6-months after the end of the fiscal year.

Membership

• Active: 10,459 (General: 8,569 + Safety: 1,890)
• Deferred: 5,174
• Retirees and Beneficiaries: 9,414

Benefit Tiers

• General Tier I: “3% at age 60”
• General Tier II: “1.62% at age 65”
• General Tier III*: “2.5% at age 67”
• Safety Tier I: “3% at age 50”
• Safety Tier II: “2% at age 50”

* Only applies to West Side Recreation and Park District

Plan Sponsors & Membership Totals

• County of Kern: 7,572
• Berrenda Mesa Water District: 3
• Buttonwillow Recreation & Park District: 1
• East Kern Cemetery District: 2
• Inyokern Community Services District: 0
• Kern County Hospital Authority: 1,897
• Kern County Superior Court: 523
• Kern County Water Agency: 53
• Kern Mosquito and Vector Control District: 20
• North of the River Sanitation District: 17
• San Joaquin Valley Unified Air Pollution Control District: 352
• Shafter Recreation and Park District: 4
• West Side Cemetery District: 4
• West Side Mosquito & Vector Control District: 7
• West Side Recreation and Park District: 4

Investment Assets

• $6.5 billion
• Asset Allocations (Policy): Equity: 33%, Fixed Income: 15%, Commodities: 4%, Hedge Funds: 10%, Real Estate: 5%, Private Real Estate: 5%, Private Equity: 5%, Midstream Energy 5%, Private Credit: 8%, CE Alpha Pool 2.5%, Cash -4% . 

More detailed Investments information: www.kcera.org/asset-allocation

Actuarial Assumed Rate of Return

• 7%