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Traverse City ACT 345 Retirement System Board Agenda Packet 2026-05-26

Actuarial Firm GRS Delivers 2025 Valuation Report

City of TraverseGABRIEL, ROEDER, SMITH & COMPANYMay 26, 2026

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Gabriel, Roeder, Smith & Company completed the June 30, 2025 actuarial valuation for the City of Traverse City ACT 345 Retirement System under its actuarial services engagement. The report sets employer contributions for the fiscal year beginning July 1, 2026.

Contract Details

Vendor

GABRIEL, ROEDER, SMITH & COMPANY

Agency

City of Traverse, MI

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 26, 2026

Contract Term

Valuation as of June 30, 2025; report dated November 25, 2025

Renewal Date

2026-07-01

Renewal Info

Annual actuarial valuation engagement; future renewals assumed but not specified in the document.

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