Mortality table update adopted
City of Sault Ste. MarieMichigan- Detected
- Jul 14, 2026
- 112 days ago
- Sector
- Payroll and Pension
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From the meeting
At its July 14, 2026 meeting the Police and Fire Pension Board adopted GRS assumption updates to change the mortality table to PubS-2016. Derek Henning of GRS Actuary presented the proposal and said the interest rate and unisex mix would stay the same. The board said similar assumption changes historically were not sent for legal review.
This is a decided professional-services change that may drive follow-on actuarial support or related policy updates.
- Meeting date
- July 14, 2026
- Agency
- City of Sault Ste. Marie
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