Arizona Record
Surprise
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Police Retirement System Fund Health & Actuarial Valuation

Summary

The board reviewed the police department's pension fund financial health and decided to bring in an expert to explain the complex numbers.

At a glance

Total mentions
6
Last 30 days
0

Last discussed Oct 22, 2025.

Impact analysis

๐Ÿ’ฐFinancial impact

Impacts city budgeting and contribution rates required to fully fund the police pension plan.

โœ…Who benefits

City taxpayers and police personnel, through transparent financial oversight of retirement funds.

Mentions & discussions (6)

MeetingOct 22, 2025

Public Safety Retirement Commission Joint Meeting - Oct 22, 2025

The joint board manages routine administrative tasks related to local public safety retirement matters.

MeetingOct 22, 2025

Public Safety Personnel Retirement System Commission โ€“ Police - Oct 22, 2025

The board reviewed and approved 13 new police officers and recruits into the state retirement system, ensuring proper tracking of pre-existing conditions.

MeetingMay 7, 2025

Public Safety Personnel Retirement System Commission โ€“ Police - May 7, 2025

The pension board reviewed how market rate salary adjustments for police officers will impact long-term pension liabilities and unfunded funding statuses.

MeetingMay 7, 2025

Public Safety Retirement Commission Joint Meeting - May 7, 2025

PSPRS officials walked the board through the city's pension funding health, showing funded ratios of 68.5% for police and 77.9% for fire. The discussion highlighted how salary bumps and market returns influence the unfunded liability and long-term contribution rates.

MeetingFeb 12, 2025

Public Safety Personnel Retirement System Commission โ€“ Fire - Feb 12, 2025

The board discussed the annual actuarial valuation report for the fire department's retirement fund and agreed to have a consultant present the complex financial data in simpler terms at an upcoming meeting.

MeetingFeb 12, 2025

Public Safety Personnel Retirement System Commission โ€“ Police - Feb 12, 2025

The board reviewed the police department's pension fund financial health and decided to bring in an expert to explain the complex numbers.

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