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Board approves Gabriel Roeder Smith engagement for OPEB actuarial valuation
Summary
The Kent County VEBA Board unanimously approved an engagement letter with Gabriel Roeder Smith & Company for the actuarial valuation of the county retiree health care plan.
Vice Chair and Fiscal Services Director Jeff Dood reviewed an engagement letter from Gabriel Roeder Smith & Company for the actuarial valuation of the Kent County Retiree Health Care Plan and moved to approve the fee letter. Trustee Michelle Balcom supported the motion and the board approved it unanimously at the Feb. 18, 2026 meeting.
The engagement covers the OPEB actuarial valuation services required for plan accounting and funding analyses. No fee amounts were stated in the transcript; the board approved the engagement letter as presented and directed staff to proceed with contracting through the county's procurement process where applicable.
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