Summary

Retirement Board meeting — USI actuary presents annual audit disclosure; 2026 schedule approved

LedyardNov 18, 20252 min read

At a glance

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On November 18, 2025 the Ledyard Retirement Board heard USI Actuaries' annual audit disclosure (ADC estimated $700,000–$750,000; recommended long‑term return 6.25%–6.50%; no actuarial assumption changes), approved minutes from Sept. 16, 2025, approved the 2026 meeting schedule, approved payment of a $400 USI invoice for a WPCA pension breakout, and tabled proposed revisions to the Defined Benefit Plan document for further review.

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Retirement Board

Topics discussed

LaborBudget & Tax

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Key decisions

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Approved Regular Meeting Minutes from September 16, 2025 (4–0).
Approved the Retirement Board 2026 Calendar Year Meeting Schedule (4–0).
Approved payment of USI invoice #1003385 dated October 31, 2025, in the amount of $400 for the annual pension liability breakout for WPCA members (4–0).
Tabled proposed revisions to the Retirement Plan/Defined Benefit Plan document for further consideration.

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Meeting information

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