Retirement Board approves $660,666.74 February warrant and audit contracts.
Gardner Retirement Board approves February warrant and audit contracts unanimously. The Board voted to approve Warrant #02/26 totaling $660,666.74, which included $115,195.42 in annuity payments, $510,706.91 in pension payments, and $7,926.70 in cost-of-living adjustments to members. On a separate
Retirement Board · Meeting of February 24, 2026
Gardner Retirement Board approves February warrant and audit contracts unanimously. The Board voted to approve Warrant #02/26 totaling $660,666.74, which included $115,195.42 in annuity payments, $510,706.91 in pension payments, and $7,926.70 in cost-of-living adjustments to members. On a separate motion, Board Chairperson Denise Merriam and members approved engagement and pricing from CBIZ CPAs for audits of fiscal years 2025 through 2028 at escalating rates between $15,000 and $18,000.
The Board processed annual statements for 343 active and 210 inactive members and recorded a positive $1,526,860.94 net change in investment value for January 2026.
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Source: the Retirement Board meeting of February 24, 2026, compiled from the official minutes.
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