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Commissioners acknowledge GASB 75 actuarial valuation showing large liability decrease
3225939 · April 28, 2025
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Summary
Merrimack County commissioners acknowledged a GASB 75 actuarial report that showed an approximate $24 million decrease in retiree health-insurance liability, driven by a higher discount rate and benefit changes.
MERRIMACK COUNTY — The Board of Commissioners acknowledged receipt of the county’s GASB 75 actuarial valuation, which staff said shows a roughly $24 million reduction in the county’s liability for future health-insurance benefits.
County staff said the actuary attributed the decline to several factors: an increase in the discount rate tied…
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