Pars Solutions

PARS offers retirement services designed specifically for each public agency’s unique needs with the underlying objective of providing superior employee benefits while increasing management effectiveness, reducing operating costs, and relieving staff administration burdens.

John Niederkorn, Former Superintendent, Vacaville USD

“PARS is able to customize the plan structure so that the District realizes its cost reduction, and employee reduction objectives. In VUSD we offered the Early Retirement Incentive two years in a row, using one-time Federal ARRA or Ed Jobs funds. The unsatisfying experience of ‘reductions in force’ are mitigated if not eliminated through the PARS Early Retirement Incentive program.”

Ron Ahlers, Finance Director, City of Moorpark

“The City has experienced certain difficulties with past providers who have been unresponsive to the needs of the City. PARS provides a direct contact by assigning us a Client Services representative who is not only knowledgeable about our plan but we are able to contact them directly and have a response in a timely manner. PARS is a full-service company that provides for their clients’ needs.”

Gary W. Erickson, Chief Financial Officer, Partnership HealthPlan of California

"PARS was selected after an exhaustive search and they exceeded our expectations from day 1. After 11+ years, their technical expertise, professionalism, and customer service are unmatched. As a client, we know our needs are their top priority."

Lisa Driscoll, Finance Director, Contra Costa County

“We were looking for a program administrator with experience and a proven track record. PARS is just such an administrator. Not only do they offer security, flexibility and personal service, but they also allow us to participate in selecting the investment strategies for these funds, giving the County control on target rate of return and level of risk on investments.”

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Moraga-Orinda Fire District looks at ways to fund $16.9 million in promised OPEB

Recent Stories: March 23, 2015

After years of failing to set aside money to pay for retirement health care benefits promised its employees, the Moraga-Orinda Fire District is one step closer to providing the needed $16.9 million to do so. If approved, MOFD will move beyond "pay-as-you-go" funding of retiree health care benefits. Administrators plan to set up a trust with PARS and use the returns to pay for the future health care costs. Read full story ...