The Public Safety Personnel Retirement System (PSPRS) was created by the state legislature to provide a uniform statewide defined benefit retirement and other program benefits under the Public Safety Plan.
Beaver Dam/Littlefield Fire District participates in PSPRS on behalf of its employees who meet eligibility requirements.
Actuarial Valuations
PSPRS annually publishes actuarial reports written by a contracted, independent and accredited consulting firm.
To view the Beaver Dam/Littlefield Fire District Actuarial Valuation please click here.
Beaver Dam/Littlefield Fire District funded status
PSPRS trust funded ratio from the June 30, 2023 actuarial valuation is detailed below.
Trust Fund | Assets | Accrued Liability | Unfunded Actuarial Accrued Liability | Funded Ratio |
Beaver Dam/Littlefield Fire District | $704,835 | $891,092 | $186,257 | 79.1% |
Beaver Dam/Littlefield Fire District Pension Funding Policy
To view the Beaver Dam/Littlefield Fire District Pension Funding Policy please click here.
Local Public Safety Retirement and Pension Board
This board, required by state law, is responsible for acting on applications for normal, accidental, disability retirements and survivor benefits filed by members. Board members are appointed for four-year terms. This board meets each March and September, or as necessary. The current members of the Local Public Safety Retirement and Pension Board are:
- Dan Reber, Chair
- Ernesto Renteria (Sep 2026)
- Michelle Borsh-Smith (Sep 2026)
- Andres Ojeda (Sep 2024)
- Hope Barlow (Sep 2024)
- Michelle Arnett, Secretary (non-voting)