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The Retirement Board voted to notify the legislative body that it may seek a 3% cost-of-living adjustment for FY 2027, with a vote planned for April 2026. The board also approved a February warrant totaling $918,698.66, including $418,694.99 in retiree payroll.
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The board did not approve the 3% increase at this meeting; it advanced the proposal for consideration in April. It approved several member refunds, a death benefit refund, and transfers of retirement deductions, and accepted the 2025 annual statement instructions. The board postponed discussion of whether to split or extend the Town and School appropriation funding schedule.
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