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01/21/2021 AC Minutes <br /> In response to questions about the pension fund allocation in the budget, Ms. Kosnoff agreed to <br /> verify that the January 2020 actuarial report is posted on the Town's website. There are also <br /> monthly reports that she agreed to provide to this Committee. An actuarial evaluation is normally <br /> conducted every two years, but, considering COVID-19 impacts on life expectancy and other <br /> considerations, the Town expects to revisit this sooner. The actuary retained by the Town has retired <br /> so the Town has issued a request for proposals to hire a new actuary or actuarial firm. <br /> Minutes of Prior Meetings <br /> A motion was made and seconded to approve the AC draft minutes for its November 19, 2020 <br /> meeting. The motion was approved. VOTE: 7-0 <br /> The meeting adjourned at 9:17 p.m. <br /> Respectfully submitted, <br /> Sara Arnold <br /> Approved: January 28, 2021 <br /> Exhibits <br /> • Agenda,posted by Mr. Parker, Chair <br /> • List of Departments and Committees for which AC might have liaisons <br /> • "Preliminary Budget–In Summary" from the White Book; Page iii <br /> • List of Articles for 2021 ATM—Report Tracker, Assignments <br /> 3 <br />