Police Pension Board approves 7.3% return assumption, authorizes experience study
The Police Officers' Pension Board accepted the Oct. 1, 2024 actuarial valuation, adopted a 7.3% net-of-fees long-term investment assumption and approved an actuarial experience study; trustees were told funded status slipped slightly to 80.9% largely because the board lowered the assumed return.
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The Police Officers’ Pension Board on June 9 approved its actuarial valuation for the plan year ending Oct. 1, 2024, adopted a new long-term investment assumption of 7.3% and authorized an experience study to update mortality and other assumptions.
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