Investment adviser: sheriff's pension plan about 73.6% funded; assets roughly $14.86 million
Chris Calloway of Baird told the Morgan County Council the sheriff’s pension plan is about 73.6% funded and that plan assets have grown to about $14.86 million; the adviser outlined actuarial funding options and tradeoffs for accelerating unfunded-liability paydown.
The full story
At the meeting the sheriff presented the required annual pension report and introduced Chris Calloway of the investment firm Baird, who summarized plan performance and funding options.
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