Board adopts Resolution 2026‑20 ratifying township pension MMO
Sep 11, 2026
Supervisors voted to adopt Resolution 2026‑20 to ratify the township's Minimum Municipal Obligation after reviewing actuary calculations and carryover figures.
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The board moved to adopt Resolution 2026‑20 to ratify the township's Minimum Municipal Obligation (MMO) after review of actuary calculations. The manager and actuary prepared the calculations included in the meeting packet and the manager asked supervisors to certify the numbers; one supervisor asked whether a 2005 carryover credit was included in the calculation and the manager said he would confirm with the actuary if necessary. "That will be resolution 2026Dash20," the manager said when introducing the item, and a motion to adopt was made and seconded; the board voted in favor.
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