Examples of Public Safety Pension in a sentence
I agree with the comments and statements from other Committee members that the Public Safety Pension Plan and the Pre‐paid retiree health plan are well managed and are not the cost drivers that warrant attention.
The pension plan’s investment policy discourages the use of cash equivalents, except for liquidity purposes, and aims to refrain from dramatically shifting asset class allocations over short time spans.Rate of ReturnFor the year ended June 30, 2020, the annual money-weighted rate of return on the Public Safety Pension Plan's investments, net of pension plan investment expense, was 4.36 percent.
Investment PolicyThe Public Safety Pension Plan’s policy in regard to the allocation of invested assets is established and may be amended by the pension board by a majority vote of its members.
Individual funded status for each plan will continue to be calculated separately.INPRS also oversees three non-retirement funds:▪ Special Death Benefit Fund (SDBF) - Effective July 1, 2017, the State Employeesˈ Death Benefit Fund, Public Safety Officers’ Benefit Fund, and the lump sum distributions for the line of duty deaths from the Local Public Safety Pension Relief Fund were merged together to form the Special Death Benefit Fund.
Plan and GCHP and their respective employees, agents, or Subcontractors shall protect from unauthorized disclosure the names and other identifying information concerning persons either receiving services pursuant to this Agreement or persons whose names or identifying information become available or are disclosed to Plan, its employees, agents, or Subcontractors as a result of services performed under this Agreement, except for statistical information not identifying any such person.
During the annual budget process or at such other time as economically feasible as determined by the Finance Director and approved by Council, Council will review the feasibility of making additional payments to the Public Safety Pension Reserve.
Establish a Public Safety Pension Reserve dedicated for the PSPRS unfunded liability.
Pre FY2019 Fiscal Planning and Presentation ScheduleCity Manager Robert Kiely reported to the Council that a Special City Council Workshop is scheduled for Monday, June 19 at 4pm for the purpose of Public Safety Pension Primer and Actuarial Assumptions.
The report prepared by the consultant (Understanding Retirement Plan Options: City of Thornton Fire and Police Department and Colorado Public Safety Pension Plans) was provided to each active member in the Police Officers and Firefighters Pension Plans and six informational meetings were conducted in January 2017.
RMBA benefits are for the reimbursement of health insurance premiums.Custodial (Custodial Fund)• Local Public Safety Pension Relief Fund (LPSPR) – LPSPR is a fiduciary fund and is generally administered in accordance with IC 5-10.3 and IC 36-8.