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Trustee James Zygmont was elected chairman by a 4-3 vote, with one abstention. The board was also told the pension plan’s funded status was 134% as of November 30, 2025, and requested a month-by-month history of that measure.
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The board changed its leadership, electing James Zygmont as chairman instead of Trustee Quinn Gagstetter. The plan’s reported assets were 134% of its projected obligations as of November 30, 2025. The board also received an update that work was progressing on unresolved payroll contribution issues.
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