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Packet: Tiffin City Council Work Session (01/20/2026)

Dated January 20, 2026City Council — work session, January 20, 2026 75 pages

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Page 61 of 75

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City of Tiffin Notes to Other Information – Pension Liability Changes of Benefit Terms There are no significant changes in benefit terms. Changes of Assumptions The 2022 valuation incorporated the following refinements after a quadrennial experience study: • Changed mortality assumptions to the PubG-2010 mortality tables with mortality improvements modeled using Scale MP-2021. • Adjusted retirement rates for regular members. • Lowered disability rates for regular members. • Adjusted termination rates for all membership groups. 37

Sources

  • revize: Agenda packet (packet_2026-01-20_b2ccc1f4-4334-4b14-92c2-b006cc083e73.pdf) — where it was found ↗ first seen Oct 12, 2026

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Data last updated October 17, 2026. Built from the archive's documents; see how the data is built.