Penflex Agreement
resolution
1 page
Scanned/OCR — text may contain errors
From the meeting:
Board Of Trustees — 2025-10-29
· our coverage →
Agenda item: Consent Agenda — Resolutions — Consider authorizing the Village Manager to execute the annual Service Award Program Agreement with Penflex in the amount of $8,700.
Resolution, 1 page. Attached to agenda item: “Consent Agenda — Resolutions — Consider authorizing the Village Manager to execute the annual Service Award Program Agreement with Penflex in the amount of $8,700.” (Text recovered by OCR — may contain errors.)
Retrieved 2026-04-15 from the village's meeting portal.
View the original PDF ↗
Also attached to this agenda item:
Resolution 249-2025 Penflex Agreement
Extracted text
Penflex Actuarial Services, LLC. Client Copy
11/1/2025-10/31/2026 Service Fee Agreement
CROTON VOLUNTEER FIRE DEPARTMENT
SERVICE AWARD PROGRAM
Standard Services Fee Schedule
Base Fee: $4,320
Per-Participant Fee: $24
Payment certification and trustee directive jetters: $100 per letter
Total Estimated Standard and Distribution Services Fees: $7,500
Optional Preparation of Financial Statement Disclosures (For Additional Fee)
Disclosure Packages Provided For Program Year 2024:
NYS LOSAP Audit Package: NO Auditing Firm: PKF O'Connor Davies, LLP
; vee Contact Name: Alan Kassay
SSE St Tet 2) YES Email Address: akassay@pkfod.com
Please Check 'Yes' Or 'No' For Program Year 2025:
Complete the NYS LOSAP Audit Package for a fee of $650: Yes No
Please refer to the enclosed newsletter titled ‘NYS Voiunteer Firefighter LOSAP Audit Requirement’ for more information
Complete the GASB 73 Package for a fee of $1,200: Yes No
Please refer to the enclosed 'GASB 73 FAQs' for more information. For a sample, please email: info@penflexinc.com
All other services are optional and are billed only when requested. Please call for fee estimates and
purchase order arrangements. Optional services include additional client meetings, drafting of special
correspondence and documents, and performing actuarial cost estimate calculations. Plan transfers have a
$1,000 processing fee, while plan consolidations or terminations fee will be determined by the complexity of
the work upon request.
To authorize Penflex Actuarial Services, LLC. to begin providing these services in accordance with this fee
schedule, please have the Village Manager sign and return this Service Fee Agreement. Keep a copy for
your records.
Print Name Signature & Date Paul A. Cognetta
Village Manager Vice President of Operations
Village of Croton-on-Hudson Penflex Actuarial Services, LLC.
Email Address
Machine-extracted for search and reference — the original PDF is the authoritative version.