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Retirement board reviews portfolio, votes to change actuary to Foster & Foster
Summary
The Carbon County Retirement Board received an investment report showing a positive net performance for the trailing year and voted to terminate Korn Ferry and hire Foster & Foster as the system actuary with a 60‑day notice to the incumbent.
The Carbon County Retirement Board received an investment update from its consultant and approved a pair of actuary-related motions: to give Korn Ferry 60 days’ notice to terminate and to engage Foster & Foster for actuarial services.
Sarah, the board’s investment consultant, reviewed portfolio performance and macroeconomic context for trustees. She summarized market drivers including tariffs, Fed policy shifts and consumer spending trends and…
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