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Actuary and investment advisers brief Butler City Council on three municipal pension plans
Summary
City actuary and investment consultants presented an overview of their relationship with Butler's three municipal pension plans; no council action was recorded at the presentation.
City actuary and investment advisers presented to the Butler City Council on the city’s three pension plans during the March 23, 2026 meeting. Carrie Troutman (CEBS, Acrisure) and Chris Brokaw (CFA, Mariner) appeared alongside PNC Institutional Asset Management representatives Chris Merlo (Marketing Manager/Director) and Ed Ponitz (Vice President, Relationship Manager) to summarize their roles and the city’s relationships with the plans.
The presentation described the advisers’ working relationships with the three municipal plans and identified the firms’ roles as actuary, investment consultant and custodian. The minutes do not record specific recommendations, proposed policy changes, or a council vote tied to the presentation.
Because the council later considered and adopted ordinance changes affecting the police pension plan (see separate item), the presentation may have provided background for council members and staff. The minutes do not link a formal decision or vote to this presentation; the matter was recorded as informational in the meeting minutes.
