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Board adopts interim planning agenda including standby-pay study and records-retention item tied to PSOB
Summary
Trustees approved an interim-planning package that includes actuarial and administrative presentations, policy studies such as standby-pay and a measure to allow some retired members to serve as chiefs, and added a records-retention review intended to support PSOB claims and evidence preservation.
Jacob White, executive director and staff to the board, led an interim-planning discussion that included a lighthearted kickoff video and a substantive list of proposed presentations and studies for the interim. Staff proposed actuarial and administrative presentations, two legislatively mandated policy reports, educational briefings on purchasing annuities and service credit, and…
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