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Adams County retirement plan reaches ~61% actuarial funding; officials expect 80% by 2030 with ongoing contributions
Summary
County retirement-plan presenters told commissioners the plan’s funded status has improved from roughly 49% in 2019 to about 59–61% in market and actuarial measures and said current contribution policies put full funding on an accelerated schedule.
Adams County’s retirement plan presented a funding update showing progress since 2019 and an actuarial projection that funding improves to target levels within the next decade.
Franell Olsen, a retirement-plan representative who said she was appointed by the board, briefed commissioners on the plan’s funding trajectory. Reported figures showed a market value increase since 2019 (about 49% then to roughly 59% market in the latest report) and an actuarial funding level near 61% at the most recent measurement. The plan’s unfunded…
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