Montgomery County Retirement Board - March 6, 2025

Montgomery County Employees Retirement Board · March 6, 2025

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Call to order

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Meeting called to order; chair (unnamed in transcript) opened the session and noted members present.

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The Montgomery County Employees Retirement Board approved December meeting minutes and heard reports on plan funding and investment performance. Staff said the county made a 100% contribution in 2024 ($26,300,000) and budgeted $30,100,000 for 2025; an actuarial valuation due around June/July will determine whether the plan meets the 80% funding threshold that would allow COLA action.

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Transcript

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