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The Retirement Board unanimously approved Warrant #02/26 totaling $660,666.74, including $510,706.91 in pension payments, $115,195.42 in annuity payments, and $7,926.70 for board cost-of-living adjustments.
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The approved warrant authorizes more than $660,000 in retirement-related payments. The board also approved audit pricing from 2025 through 2028, ranging from $15,000 to $18,000 annually. The Gardner Retirement System recorded a $1,526,860.94 increase in investment value in January 2026, before $14,881.03 in management fees. A vote on the FY2027 cost-of-living adjustment is scheduled for March 26.
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