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Punta Gorda pension board approves actuarial valuation, keeps 7% return assumption
Summary
The Punta Gorda Police Pension Board approved its 10/01/2025 actuarial valuation, noted a funded ratio decline to about 83.8% driven by salary increases and new hires, and separately declared a 7% expected investment return for funding purposes.
The Punta Gorda Police Pension Board on Dec. 11 approved its annual actuarial valuation and voted to declare a 7% assumed investment return for the coming year.
The valuation shows plan liabilities increased after the department’s headcount rose (from 36 to 43 non‑DROP officers) and because of recent salary increases. The presenter told trustees the plan’s actuarial asset and liability reconciliation…
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