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MERS actuarial report reviewed as jail administrator outlines MDOC tether housing plan
Summary
A MERS representative reviewed the system's actuarial report for Benzie County commissioners; earlier in the meeting the jail administrator reported the MDOC tether program is operating and that county housing for MDOC individuals will begin Thursday with an expected 15 people by Oct. 1, 2015.
At 4:50 p.m. on Aug. 25, Benzie County commissioners received a review of the Municipal Employees' Retirement System (MERS) actuarial report from MERS representative Tony Radjenovich. Radjenovich "reviewed and explained the actuarial report" to the board, according to the meeting record; the transcript does not record subsequent action or a vote on pension matters.
Earlier in the meeting, Jail Administrator Dan Smith updated commissioners on the MDOC tether program, saying the program is working well, the county took receipt of the investigative component free of charge, and housing for MDOC participants begins Thursday. Smith said staffing is adequate and projected the county would be housing about 15 individuals under the program by Oct. 1, 2015.
Why it matters: the actuarial report provides the board with information about pension funding and liabilities; the tether program affects jail operations and county staffing and budget planning.
The transcript does not show further questions, requests for analysis, or motions tied to the MERS presentation. Commissioners had earlier public comment noting interest in the MERS presentation. No legal authorities, funding amounts tied to the actuarial report, or vote outcomes for pension actions were recorded in the meeting minutes provided.
The board adjourned at 5:36 p.m.; there was no further recorded action on pension or jail matters in the transcript.
