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Actuary reviews Granby pension and OPEB plans; full Milliman report posted online
Summary
Milliman actuary Rebecca Sielman presented a review of the town’s pension and other post-employment benefits (OPEB) plans; the full presentation was posted on the Town of Granby website for further review.
Rebecca Sielman, an actuary with Milliman, presented a review of the Town of Granby’s pension and Other Post-Employment Benefits (OPEB) plans and told the board the full presentation is posted on the Town of Granby website.
The presentation reviewed actuarial assumptions, plan funding status and other technical elements relevant to long-term liabilities; the minutes note the presentation took place but do not record detailed numeric conclusions in the meeting text. Members received the presentation for informational purposes; no formal action was recorded on the pension or OPEB plans at the special meeting.
The board or staff seeking specifics were directed to the posted Milliman materials for the complete actuarial analysis.
