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The board unanimously approved the Fiscal Year 2027 Retirement Budget, 2025 Annual Statement, five new members, two retirement applications, and warrants totaling $1,531,369.98. It also noted that a lower unfunded liability could shorten the funding schedule by two years.
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The approved budget and financial statements set the retirement system’s spending and reporting framework for the coming year. The board approved retirements for Steven Fitzpatrick and Charles Donnell, along with five new members and payments covering payroll and other expenses. It also added a HIPAA authorization form to new-employee onboarding and tabled Dana Harris’s involuntary accidental disability application.
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