Town of Fairfax Staff Report OPEB Actuarial Valuation Feb 2026
Town Engages Actuarial Firm for OPEB Valuation
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Description
The Town of Fairfax approved a professional services contract with Nicolay Consulting Group to perform the GASB 75 actuarial valuation for Other Post Employment Benefits as of June 30, 2024. The consultants produced a report supporting OPEB liability calculation for the fiscal year ending June 30, 2025.
Contract Details
Vendor
NICOLAY CONSULTING GROUP
Agency
Town of Fairfax, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
February 4, 2026
Contract Term
As of June 30, 2024 measurement date; report issued January 14, 2026
Renewal Date
2026-06-30
Renewal Info
No renewal or amendment mentioned; single engagement for the 2024 measurement date per GASB 75.
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