01-12-2017_WS Milliman Actuarial PresentationVILLAGE OF NORTH PALM BEACH
HUMAN RESOURCES DEPARTMENT
TO: Honorable Mayor and Council
FROM: Sarnia Janjua, Interim Village Manager
DATE: January 12, 2017
SUBJECT: WORKSHOP — Milliman Actuarial Presentation
The Police and Fire unions requested changes to the Village's defined benefit pension plan for
employees with the bargaining units. The Village entered into an agreement with Milliman to
conduct an actuarial analysis to assist with determining the cost of the requested changes.
Milliman will be presenting this analysis at the meeting.
Contact person: Sarnia Janjua, Interim Village Manager
Jim Cherof, Village Labor Attorney
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