Actuarial Valuation and Benefit Change Cost Study
Summary
The board is scheduled to review an actuarial study looking at possible changes to retirement benefits for the city's general employees. Any changes could affect future retirement income for plan members and the city's contribution costs.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Nov 4, 2026.
Impact analysis
Potential changes to benefits could affect the city's future pension contribution costs.
Plan members and city taxpayers, depending on what changes are ultimately considered.
Mentions & discussions (2)
General Employees' Retirement Trust Fund Board - Nov 4, 2026
The board is scheduled to review an actuarial study looking at possible changes to retirement benefits for the city's general employees. Any changes could affect future retirement income for plan members and the city's contribution costs.
General Employees' Retirement Trust Fund Board - May 6, 2026
Trustees reviewed the annual actuarial valuation showing unfavorable plan experience due to lower investment returns and higher salary increases, and agreed to fund a study exploring potential benefit enhancements.
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