Pension Committee

Purpose

The Pension Committee is charged with the administration of the Pension Plan for town officers, employees, and their beneficiaries.

Charge to Committee

Meetings

  • Quarterly

Agendas & Minutes

Agendas are available prior to the meetings. Minutes are available following approval.

Most Recent Agenda (PDF) | View All Agendas and Minutes

Members

The Pension Committee is appointed by the Town Council with a minimum of three and a maximum of five members. Member terms are three years.

Annual Valuation

The pension plan is reviewed annually by the plan actuary for the purpose of estimating the funded status of the Plan and determining the Annual Required Contribution.

2013 Valuation (PDF) | 2012 Valuation (PDF) | 2011 Valuation (PDF)