On September 6, 2023, AFRF received the Funding Soundness Restoration Plan (FSRP) “At Risk” notification from the Pension Review Board. In response to the FSRP notification, the AFRF Board created the “Pension Funding Working Group” comprised of two trustees, Chief Doug Fowler and John Bass.
The Board directed the Working Group to collaborate with the Fund staff and actuary to assess the current financial health of the plan, to project any future funding concerns, and to keep the membership apprised of the situation.
On December 19, 2023, the Working Group hosted its second informational session to provide an update on the current financial health of the Fund, to answer any questions or concerns from members, and to solicit input and feedback. The recording of this virtual session can be viewed below or on the Meeting Recordings page.
View FSRP Q&A Letter
View Meeting Recording