Quick context to catch up fast.
The town’s 401(a) plan grew from $30.1 million to $34.0 million during 2025, while the 457(b) plan increased from $2.7 million to $3.2 million. The board also asked Voya to investigate 87 participants who may not have designated beneficiaries.
Open the committee coverage hubs tied to this summary.
Was this summary helpful?
Your feedback helps us prioritize what to improve next.
The annual review found that both employee retirement plans ended 2025 with higher balances than they had at the start of the year. The 457(b) plan also grew from 22 accounts in 2024 to 46 accounts. No investment changes were recommended, and the board does not have authority to approve cost-of-living adjustments for town employees; that issue is handled through collective bargaining.
Follow the major takeaways from this briefing.
Action items flagged by the community.
No follow-ups have been shared yet. Add one in the community board below.
Details and records from this meeting.
Fresh records from this municipality.
Know who to contact about the decisions that matter.