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The board unanimously approved a $10,000 cost for Milliman to prepare three pension adjustment scenarios and also approved conducting an experience study. It tabled Patrick McMahon’s pension adjustment draft until the March 17, 2026 meeting. The board also extended the Police Sergeant eligibility list for six months beyond its March 21 expiration.
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The board authorized additional analysis that could inform future pension adjustments, but it did not approve a pension adjustment at this meeting. It approved three retirement applications, two pension calculations, and seven pension contribution refunds or rollovers. The board also approved Kevin Ashey’s request to join the Employees’ Retirement Fund under one of two stated effective-date options.
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