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Boards set expected rate of return: general and police at 7.6%, fire at 7%
5501764 · July 30, 2025
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Summary
Following the actuarys recommendation, trustees voted to set the expected rate of return (an annual disclosure required by state law) to 7.6% for the general and police plans and 7% for the firefighter plan; motions passed by roll-call votes.
Trustees debated and then voted on a required annual disclosure setting the expected rate of return used for reporting purposes. Investment consultant and actuary recommended rates consistent with the plans' assumed discount rates.
For the general employees and…
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