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The board approved a fiduciary liability insurance renewal for up to $6,000 and signed off on the 2026 cost-of-living adjustments for pensioners.
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The Police Pension Fund Board approved paying for another year of fiduciary liability insurance, with the renewal capped at $6,000. It also approved the 2026 cost-of-living adjustments for pensioners, meaning retirees will receive the increase required by statute. The board kept the closed-session minutes confidential for now and said no changes are needed to the cash management policy.
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