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Council committee reviews proposal to renew actuarial services for retiree health liabilities
Summary
Budget and Finance committee reviewed a proposal to authorize professional services with Conrad Siegel to perform OPEB actuarial valuations under GASB standards; committee recommended moving the item to the next legislative agenda.
Harrisburg’s Budget and Finance Committee reviewed a proposal April 8 to authorize the city to negotiate and enter a professional services agreement with Conrad Siegel Inc. to perform actuarial valuations related to other post‑employment benefits (OPEB), then recommended the item be moved to the next legislative agenda.
Brian McCutcheon, who introduced the presentation on behalf of the finance department, said the actuarial valuations cover post‑employment medical benefits for retirees…
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