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The Worcester Retirement Board voted 4-0 to retain Sacco and Collins as its primary legal counsel and Feeney & Feeney as an ad-hoc firm for three years, with extension options. It also approved a 5% annual salary increase for Executive Secretary Lisa Poske beginning January 1, 2026, in addition to the annual City COLA until she reaches the top of her pay range.
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The board approved retirement benefits, warrants, and monthly financials, including November retiree benefits totaling $8,879,480.16. It directed staff to contact PERAC about Memo 31, present findings from the actuary search, and arrange a formal hearing concerning remaining 91A nonrespondents whose checks are being held. A final budget is expected for consideration at the next meeting.
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