Services performed for the Board of Trustees include:
- Annual Actuarial Report that shows, among other things, how much the City must contribute to the Fund.
- Annual Benefit Statement for each member that shows normal retirement date, estimated normal retirement and accrued benefits, and other information.
- Calculation of benefits payable to members who retire or leave with vested benefits.
- Determination of cost impact of proposed changes in benefits.
General information about GRS:
- The firm began operation in 1938.
- The headquarters is in Southfield, Michigan(outside Detroit) with offices in Bethesda, Chicago, Ft. Lauderdale, Gainesville, Orlando, Sacramento and San Diego.
- There are approximately 115 GRS employees (28 in Ft. Lauderdale).
- GRS is the actuary for approximately 110 public employee retirement systems in Florida, and 400-500 nationwide. There are about 40 statewide systems included in these figures.
For further information contact the Ft. Lauderdale office:
Gabriel Roeder Smith and Co.
301 East Las Olas Boulevard, Suite 200
Fort Lauderdale, Florida 33301
Phone: (954) 527-1616
Fax: (954) 525-0083
Contacts:
Steve Palmquist, Senior Consultant and Actuary
Mary Contois, Benefits Specialist