24-0018
Receive and file the Fresno County Employees’ Retirement Association Actuarial Valuation and Review report (the Actuarial Valuation and Review report) as of June 30, 2023 by The Segal Group, Inc. (Segal), relating to the Fresno County Employees’ Retirement Association (FCERA); and approve and adopt the Board of Retirement’s recommended rate of interest, and employer and FCERA member contribution rates, for FY 2024-25 as provided for in the FCERA member contribution rates in Section 4, Exhibit 3 entitled “Member Contribution Rates,” the employer contribution rates in Section 2, Subsection F entitled “Recommended Contribution” and the Administrative Expense Load percentage of Payroll rates in Section 4, Exhibit 1 of the Actuarial Valuation and Review report as of June 30, 2023, in accordance with Government Code sections 31453 and 31454
- Committee
- Fresno County Employees' Retirement Association
- Requested by
- Fresno County Employees Retirement Association
- Introduced
- January 8, 2024
- On agenda
- February 20, 2024
- Passed
- February 20, 2024