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The board approved $2,061,129.85 in January 2026 payments, including retiree payroll, cash disbursements, and refunds or transfers. It also unanimously approved cyber liability coverage costing $5,334, including an additional $250,000 social engineering policy.
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The approved payments support monthly retiree benefits and other Retirement Board obligations. The board also approved coverage intended to protect against cyber-related losses, pending confirmation of the policy cost and coverage dates. It extended its prior legal-services agreement for two years and approved one superannuation retirement and 12 new members.
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