CONSIDERATIONS REGARDING GENERAL EMPLOYEE RETIREMENT PLAN COLA ACTUARIAL ANALYSIS

City Commission · 2026-05-19 · agenda_item

This item concerns a retirement plan analysis for city employees. The City Commission of Delray Beach is reviewing actuarial data related to cost-of-living adjustments for the general employee retirement plan. This analysis is planned for the May 19, 2026, meeting. The project is currently approved and moving forward. The scope of work involves actuarial consulting and financial analysis to determine the impact of potential COLA adjustments. This early stage presents an opportunity for specialized service providers. Businesses offering actuarial services, financial consulting, and employee benefits analysis could find opportunities. Engaging now, before final decisions are made on the plan's adjustments, allows providers to influence the outcome and secure future work.