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Vanderburgh County to vote next week on hiring actuary after sheriff requests $140,000 commissary transfer
Summary
Sheriff Nora Robinson asked the council to transfer $140,000 from her office’s commissary fund into the Vanderburgh County Police Pension Fund. Council members debated hiring an independent actuary (estimated $10,000–$20,000) to assess pension liabilities and will vote next week on a letter of engagement.
Vanderburgh County officials on Oct. 30 discussed a request from Sheriff Nora Robinson to transfer $140,000 from the sheriff’s commissary fund into the Vanderburgh County Police Pension Fund and agreed to vote next week on whether to hire an outside actuary to review the pension’s financial health.
In a letter read to the Personnel and Finance Committee, the sheriff asked the council to "distribute $140,000 from the sheriff's office commissionary fund to the Vanderburgh County Police Pension Fund," signing the request, "Sincerely, Nora Robinson Sheriff." Council members said the transfer, together with other planned actions, would help the county meet the actuarially determined contribution (ADC) minimum for 2024.
The central…
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