AUM $79.8M #12 of 42 by assets
Funded 60.7% #27 of 42
Amortization 34.0 yr FY2024 PRB
Expense BPS 28.0 bps Expense rank 5 of 42
Members 344 184 active / 160 annuitants
Verified provider records

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Benefits and membership

Plan provisions from PRB filing

Active Members
184
Annuitants
160
Employee Contribution
18.50% of pay
Employer Contribution
20.20% of pay
Normal Retirement
50/20
Benefit Formula
"Hired Before 5/1/1986: 67.5% x Final Average Salary + $230 x YCS > 20 Hired on/after 5/1/1986: 66.0% x Final Average Salary + $230 x YCS > 20"
Final Average Salary
Highest 48 months
COLA
For members with 20 YCS and termed btwn 1/1/97 and 3/1/13: 1.2% compounded after age 61. For members with 20 YCS and termed after 3/1/13: 1.2% compounded after age 65.