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The Police Pension Fund’s current funded status was reported at 94.8%, with the investment manager aiming to exceed the plan’s 7% discount rate. The board also elected Robert Coppola as vice chairman and John Walkley as chairman.
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The funded status indicates how much of the pension plan’s obligations are covered by its assets; the meeting record places that level at 94.8%. The portfolio manager said the investments are intended to be diversified and to exceed the plan’s 7% return assumption, and expected earnings to grow over the coming year. The board approved the December 9, 2025 minutes and adjourned.
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