PROJECTBUDGET PLANNING

Pension mortality assumptions update

Borough of Brentwood
Detected
Oct 19, 2026
14 days ago
Sector
Payroll and Pension
Est. value
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Detected 14 days agoOct 19

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From the meeting

Council was scheduled to adopt updated mortality assumptions for the Police Pension Plan and Non-Uniformed Employees Pension Plan. USI Consulting Group recommended the PUBG-2016 Public Retirement Plans General Mortality Table with the MP-2021 improvement scale for upcoming actuarial valuations. The change was estimated to increase annual minimum municipal obligations by about $46,000 combined, which matters for 2027 and later pension budgeting.

Meeting date
October 19, 2026
Agency
Borough of Brentwood

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