The board unanimously adopted Scenario 3, applying the minimum statutory payment for FY2027 and FY2028 and setting a goal of fully funding the retirement system by FY2029; the projected deferral cost is $271,893.

1 min readMunicipal coverage

Briefing

Apr 21, 2026

Retirement Board Reviews Payments and Benefits

The Board unanimously approved nearly $1.8 million in retiree, vendor, staff, and refund warrants, while discussing whether to ask PERAC about reducing the FY2027 retirement appropriation payment.

1 min readMunicipal coverage

Briefing

Mar 24, 2026

Retirement Board Approves Benefits and Payments

The board unanimously approved warrants totaling $2,093,856.53, including $1,650,815.90 for retiree payroll, and accepted 12 new member applications and one retirement application.

2 min readMunicipal coverage

Briefing

Feb 24, 2026

Retirement Board Approves Payroll and Membership Actions

The board unanimously approved $1,801,472.40 in retiree, vendor, staff, and refund warrants, along with 14 new member applications, one retirement, two refund or rollover requests, and two transfer requests.

2 min readMunicipal coverage