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The board unanimously approved extending the fire fund ladder and rebalancing the fire, police, and O&E funds. Actuarial valuation reports for the 2025 fire, police, and O&E pension plans were distributed.
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These investment changes adjust how the pension funds are allocated and how the fire fund investments are timed. The minutes do not state the expected financial impact on pension members or provide the valuation results. The board also scheduled four meetings for 2026.
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