North Central Fire Protection District Agenda Packet 2026-06-25
Board Reviews Foster & Foster Pension Actuarial Study
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Description
North Central Fire Protection District is considering approval of the March 17, 2026 actuarial study prepared by Foster & Foster Actuaries and Consultants for its PARS retirement plan, covering funding for FY 2025/26 and 2026/27. Board direction includes maintaining a 5.50% discount rate and specified contribution levels for Safety and Miscellaneous members.
Contract Details
Vendor
FOSTER & FOSTER ACTUARIES & CONSULTANTS
Agency
North Central Fire Protection District, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 25, 2026
Contract Term
January 1, 2025 valuation covering FY 2025/26 and 2026/27 contributions
Renewal Date
2027-12-31
Renewal Info
The District is required to obtain actuarial studies every two years; Foster & Foster has performed the latest valuation and may be retained for subsequent cycles subject to future Board actions.
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