Indian Shores Police Retirement System Receives Key Actuarial Valuation Report for 2025

The Town of Indian Shores Police Officers’ Retirement System Board of Trustees recently received its October 1, 2025 Actuarial Valuation Report. Foster & Foster, a firm located in Cape Coral, Florida, prepared the report and formally transmitted it on April 24, 2026.

This annual valuation provides a crucial financial snapshot for the Indian Shores police officers' retirement system. It assesses the system's financial health and its future obligations, offering essential information for the trustees responsible for its oversight.

The report, addressed to Ms. Tiffany Fair, the Plan Administrator, also includes projections related to GASB Statement No. 67. This statement impacts the financial reporting standards for public employee pension plans, ensuring transparency and accountability in how these systems report their assets and liabilities.

The delivery of this report allows the Board of Trustees to review the system's current status and plan for its long-term stability, ensuring the retirement benefits for Indian Shores police officers remain secure.