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State contribution to fire pension rises by 29,569, staff says
Summary
Troy told the board the plan's state contribution increased from 355,650 last year to 385,219 this year, an increase of 29,569; Troy said the amount should already be received by the town.
Troy, the board’s staff member, reported that state contributions to the plan increased this year. He told trustees last year’s payment was 355,650 and that this year’s figure is 385,219, an increase of 29,569; he added this amount should already be factored into the town’s accounting.
Trustees did not request action on the state contribution during the meeting; Troy framed the update as informational and invited questions, of which there were none recorded. The Chair acknowledged the update and moved the meeting along.
