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The board unanimously approved returning $3,412.85 in pension contributions, without interest, to Stephen Christoforo. It also unanimously appointed Joseph Dzurenda Jr. as a temporary trustee and board secretary. The plan's funded status was reported at 140.54% as of March 31, 2026.
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The approved refund resolves the return of one former member's pension contributions. The board discussed a separate payroll withholding issue involving Shane McMahon, whose contributions were temporarily withheld at 10% instead of the correct 8%, but no refund amount was approved. Board members will contact town officials about ongoing payroll contribution problems.
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