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Board approves $630,000 ADC estimate for 2026 funding
Summary
The Retirement Board approved a county contribution estimate of $630,000 to meet the actuarially determined contribution (ADC) for 2026; the amount was described as the projected annual ADC from the actuary.
The board approved an estimated county contribution of $630,000 for the 2026 Actuarially Determined Contribution (ADC), as presented in new-business item two. Commissioner Matthew G. Quesenberry moved the approval, Gregory J. Gebauer seconded, and the motion carried unanimously.
Board minutes indicate that the ADC figure is the actuary's projection for the plan year and that a close amount has been included in the county budget, according to Chief Clerk Patrick E. Straub during later press Q&A.
