File #: 25-287    Version: 1 Name:
Type: Presentation Status: Filed
File created: 4/9/2025 In control: City Commission
On agenda: 5/13/2025 Final action: 5/13/2025
Title: Actuarial Valuation Report Presentation of the Actuarial Valuation Report for the City of Pompano Beach Police & Firefighters' Retirement System as of October 1, 2024, as prepared by Nyhart Company, Inc and presented by Mr. Lawrence Watts, Board Actuary.
Attachments: 1. 2024-10-01 Actuarial Valuation Report - Final.pdf, 2. Pompano City Commission Summary 10-1-24 Actuarial Valuation (for 050725 meeting).pdf

title

Actuarial Valuation Report

 

Presentation of the Actuarial Valuation Report for the City of Pompano Beach Police & Firefighters’ Retirement System as of October 1, 2024, as prepared by Nyhart Company, Inc and presented by Mr. Lawrence Watts, Board Actuary.

 

summary

Summary Explanation/Background:

Mr. Lawrence Watts, Actuary for the Nyhart Company, Inc. will provide a summary of the funded status of the Actuarial Valuation Report as of October 1, 2024.

 

Origin of request for this action: Debra Tocarchick Executive Director for the City of City of Pompano Beach Police & Firefighters’ Retirement System

 

Fiscal impact and source of funding: N/A