San Bernardino will resume paying into the California Public Employees' Retirement System in July, ending an almost yearlong hiatus that began when it entered bankruptcy last August, according to a spokeswoman for the fund.
The city's obligation to CalPERS is $25.5 million for fiscal 2013, which ends June 30, according to the pension fund's data. While that's just 0.3% of all employer contributions to the retirement system, pension fund and city documents show it's about 21% of San Bernardino's revenue.
San Bernardino has told CalPERS that its payments will resume with the start of fiscal 2014 on July 1, said Amy Norris, a spokeswoman for the $258.3 billion pension fund in Sacramento.
Officials in the city of 213,000 haven't indicated how they will come up with the $10.2 million already owed, Ms. Norris said by e-mail. The stopped payments raised concerns at the retirement system, which objected to the bankruptcy.
City Manager Allen Parker and Jim Morris, Mayor Patrick Morris' son and chief of staff, didn't immediately respond to telephone messages requesting comment on the payment resumption.