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Belmont Contributory Retirement Board

Track committee activity, current roster, and published meeting coverage for Belmont Contributory Retirement Board in Belmont.

0 active membersLast meeting Jul 27, 20266 summaries in 30d

Summaries

Active roster

Latest activity

Aug 18, 2026

Municipality

Belmont

Latest coverage

Retirement Board Approves Key Benefits Actions

Published Aug 18, 2026

Related summaries

Published meeting coverage connected to Belmont Contributory Retirement Board.

Briefing

May 18, 2026

Retirement Board Approves Disability Benefits

The Board voted unanimously to grant Kevin Rooney accidental disability retirement benefits, subject to PERAC review and statutory approval. It also unanimously adopted an amended employee handbook and withdrew Town Meeting Warrant Article 17 to allow consideration of funding options after the 2026 system valuation.

1 min readMunicipal coverage

Briefing

Apr 27, 2026

Retirement Board Approves Financial Reports

The Board approved Belmont’s 2024 audited financial statement and 2025 annual statement, reporting no significant audit findings in the 2024 audit. It also approved the consent agenda, authorized additional job postings for an upcoming retirement-board staff vacancy, and accepted an accidental disability retirement application for review by a PERAC medical panel.

2 min readMunicipal coverage

Briefing

Apr 23, 2026

Retirement Board Adopts COLA Funding Plan

The Board voted to adopt a funding plan that would keep fiscal 2027 appropriations at the fiscal 2026 level—about $11.8 million—and extend full funding by one year to fiscal 2032, if Town Meeting approves increasing the retiree COLA base.

1 min readMunicipal coverage

Briefing

Mar 23, 2026

Retirement Board Approves COLA and Seeks Base Increase

The Board unanimously approved a 3% cost-of-living adjustment for qualifying retirees and beneficiaries on the existing $13,000 base, effective July 1, 2026. It also unanimously voted to seek Town Meeting approval to increase that COLA base to $15,000.

1 min readMunicipal coverage

Briefing

Feb 23, 2026

Retirement Board Selects Primary Legal Counsel

The Board voted 4-1 to make Kathleen Kiely-Becchetti the retirement system’s primary legal counsel and retain attorneys Sacco and Hesse as backup counsel. It also unanimously approved a revised NEPC contract extending through December 31, 2032.

1 min readMunicipal coverage

Briefing

Jan 27, 2026

Retirement Board Approves Key Benefits Actions

The board appointed NEPC as its investment consultant and approved annual $1,500 stipends for the Town Treasurer and Town Accountant, effective January 1, 2026. It also approved a $52,097.56 benefit adjustment for the surviving spouse of Belmont firefighter Roland Wetherbee.

2 min readMunicipal coverage