Northbridge Retirement Board Minutes 2026-03-26
Board Approves Stone Consulting Valuation Timeline Update
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Description
The Northbridge Retirement Board approved Stone Consulting's updated valuation timeline, including adoption of a new mortality table and related assumptions. This action aligns pension valuation practices more closely with municipal experience.
Contract Details
Vendor
STONE CONSULTING
Agency
Northbridge School District, MA
Contract Type
PROFESSIONAL_SERVICES
Document Date
March 26, 2026
Renewal Info
Board approval covers continued use of Stone Consulting's updated valuation timeline and mortality table; scheduling of future valuation work was deferred until summer 2026.
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