Cold Spring Board of Trustees Monthly Meeting Agenda January 2026
Penflex Engaged for LOSAP Actuarial Services for 2026
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Description
Cold Spring Board approved an agreement with Penflex Actuarial Services to administer the NYS LOSAP for volunteer firefighters during the 2026 service year at an estimated total fee of $7,200, including a GASB 73 compliance package.
Contract Details
Contract Amount
Standard services and distribution fee of $6,000; Complete GASB 73 Package additional $1,200
Vendor
PENFLEX ACTUARIAL SERVICES
Agency
Village of Cold Spring, NY
Contract Type
PROFESSIONAL_SERVICES
Document Date
January 26, 2026
Contract Term
Nov 1, 2025 – Oct 31, 2026 (Standard Service Fee Schedule)
Renewal Date
2026-10-31
Renewal Info
Fee schedule applies for service year; agreement renewed annually per new data and Village authorization.
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