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RETIREMENT BOARD Minutes 8.20.24.pdf

Bedford County Retirement Board · August 20, 2024

The Bedford County Retirement Board convened Aug. 20, 2024, to hear an actuarial valuation from Korn Ferry recommending assumption changes that increase the near-term Actuarially Determined Contribution and a market and portfolio update from Cornerstone reporting a $14,045,612 ending market value and roughly 6.5% year-to-date gain. The board approved minutes from June 5, 2024, and adjourned at 2:35 p.m.

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