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Budget and Finance Commission backs PSPRS pension‑funding policy
3413719 · May 20, 2025
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Summary
The Budget and Finance Commission voted to recommend the town's PSPRS pension funding policy, approving a policy that includes an excess PSPRS payment component; the vote was by voice motion and the motion passed.
The Budget and Finance Commission on May 20 approved a recommended Public Safety Personnel Retirement System (PSPRS) pension funding policy to forward to town council for adoption. The item had been continued from the prior commission meeting and staff said no substantive changes were made to the proposed policy.
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