Actuarial Firm Analyzes Boca Raton Pension Changes

The City of Boca Raton Police and Firefighters’ Retirement System received an actuarial impact statement prepared by Foster & Foster assessing the cost implications of proposed benefit changes. The firm provided detailed valuation results and assumptions for the fiscal year ending September 30, 2027, using Florida Retirement System-based mortality and funding methods.

Scope & details

The full contract record, as filed.

Contract type

PROFESSIONAL_SERVICES

Renewal

The report references prior experience studies dated November 12, 2015 and August 5, 2022, indicating an ongoing actuarial engagement for periodic valuations and studies, but no specific renewal terms or dates are stated.

Document type

Report

Source document

City of Boca Raton Actuarial Impact Statement 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Boca Raton?

Foster & Foster was awarded this professional services contract by City of Boca Raton, as recorded on August 24, 2026.

What type of contract is this?

This is a Professional Services contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Boca Raton Actuarial Impact Statement 2026-08-24 (Report), dated August 24, 2026 from City of Boca Raton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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Actuarial Firm Analyzes Boca Raton Pension Changes

Scope & details

Related contracts

Frequently asked questions

Who was awarded the professional services contract by City of Boca Raton?

What type of contract is this?

Where was this contract approved?

What other contracts does Foster & Foster hold?

What is City of Boca Raton currently buying?

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