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The Retirement Board voted 5-0 to transfer $750,000 from the PRIT Fund by May 31, 2026. It also approved $1,019,945.53 in May retiree payroll and three retirement applications.
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The approved transfer moves retirement funds from the PRIT Fund, while the monthly payroll authorization supports payments to retirees. The board approved retirement applications for three school employees and enrollment forms for two SELCO employees. Staff evaluations will follow the Town Manager’s Office process, and the board deferred changes to HIPAA forms and pre-employment physical requirements.
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