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The board approved a $10.5 million actuarially determined pension contribution for fiscal year 2026-27, with $9.3 million from the Town Operating Budget and $1.2 million from the Pension Reserve Fund. The board also approved updated mortality and salary assumptions and a revised investment target allocation.
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West Hartford’s pension funding obligation for fiscal year 2026-27 will be $10.5 million, including approximately $1.8 million allocated to the Board of Education and $8.7 million to the Town. The pension plan had a 92.0% funded ratio as of July 1, 2025, down from 92.4% the prior year. The board approved updated assumptions used to estimate future pension costs and changes intended to lower investment fees and adjust the portfolio mix.
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