Board Weighs Pension Buyback Calculations by Foster & Foster
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Description
The board will discuss Justin Booth’s request to buy back prior pension service time and plans to engage Foster & Foster for the necessary actuarial calculations, which will incur additional fees. This reflects a potential expansion of actuarial work for individual member service adjustments.
Contract Details
Vendor
FOSTER & FOSTER
Agency
Town of Indialantic, FL
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 28, 2026
Renewal Info
Planned task-based actuarial work related to a member service buyback; no defined term or renewal provisions described.
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