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File #: 25-295    Version: 1 Name:
Type: Special Presentation Status: Filed
File created: 4/14/2025 In control: City Commission
On agenda: 4/22/2025 Final action: 4/22/2025
Title: Actuarial Valuation Report Presentation of the Actuarial Valuation Report for the City of Pompano Beach General Employees' Retirement System as of October 1, 2024, as prepared by Cavanaugh Macdonald Consulting, LLC and presented by Mr. Todd Green, Board Actuary.
Attachments: 1. Presentation, 2. Valuation Report

title

Actuarial Valuation Report

 

Presentation of the Actuarial Valuation Report for the City of Pompano Beach General Employees’ Retirement System as of October 1, 2024, as prepared by Cavanaugh Macdonald Consulting, LLC and presented by Mr. Todd Green, Board Actuary.

 

summary

Summary Explanation/Background:

 

Mr. Todd Green, Actuary for Cavanaugh MacDonald Consulting, LLC. will provide a summary of the funded status of the Actuarial Valuation Report as of October 1, 2024

 

Origin of request for this action: Madeleine L. Klein, Executive Director for the City of City of Pompano Beach General Employees’ Retirement System

 

Fiscal impact and source of funding: N/A