Changes to the Plan – Nov. 2011:

  1. Trustees are in the process of reviewing all service providers to the Plan. Some long-term providers are not performing as expected, while bundling fees that require itemized explanations that will be forthcoming. Where providers are not meeting expectations, new providers will be interviewed.
  2. The Trustees have changed actuarial services from ASI to Buck Consultants, Ltd.
  3. The valuation for 2011 will be delayed due to the changeover to new actuary.
  4. Member statements will necessarilly be delayed due to the changeover, as well.