Government · Retirement Board
Retirement Board Approves Makeup Service for Three Members
The Gardner Retirement Board approved makeup creditable service for three members and granted superannuation benefits.
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Retirement Board
Our reporting from Retirement Board meetings, newest first.
Government · Retirement Board
Retirement Board approves $1,707 makeup payment for school employee
The Contributory Retirement Board unanimously approved a $1,707.87 retroactive membership makeup payment for school employee Kay Calawa, erroneously withheld from membership at the start of her employment on September 2, 1997; the 11-month makeup period (September 2, 1997, through August 30, 1998)
Government · Retirement Board
Board votes to appeal disability denial ruling to state agency
Gardner retirement board unanimously voted to appeal a disability benefits denial decision at the state administrative level. Chairperson Denise Merriam and members Robert Newton, David Walsh, Jacob Cormier, and Karen Butler voted to appeal a Division of Administrative Law Appeals decision by
Government · Retirement Board
Retirement board considers easing pension funding schedule amid gains
Gardner retirement board tabled a decision on easing pension-funding increases after actuarial gains trimmed unfunded liabilities. Pension consultant Colin Edgar of Stone Consulting presented a January 1, 2026 valuation showing $4.4 million in asset gains and unfunded liabilities of $24.2 million,
Government · Retirement Board
Retirement Board approves Stone Consulting contract, authorizes pension buyback.
Gardner Contributory Retirement Board approves Stone Consulting actuarial contract and pension buyback. Chairperson Denise M. Merriam and the five-member board voted unanimously to award a seven-year actuarial services agreement to Stone Consulting Inc. at $110,250 total through December 31, 2032,
Government · Retirement Board
Retirement Board approves $666,185 FY27 budget and service buyback
Gardner Retirement Board approves $666,185 FY27 operating budget with 8 percent increase. Chairperson Denise Merriam led the board's unanimous approval of the budget, which reflects $49,425 in added expenses including prior-year Pension Group Technology coverage and increased staff salaries and
Government · Retirement Board
Gardner Retirement Board approves $974,450 warrant and 3% COLA increase
Gardner Retirement Board approves $974,450 warrant and 3% cost-of-living adjustment. Chairperson Denise M. Merriam, Board Members Robert W. Newton, David Walsh, and Karen Butler unanimously approved the payroll warrant for March 31, 2026, which included $524,340.37 in pension payments and
Government · Retirement Board
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
Government · Retirement Board
Retirement Board approves 3% cost-of-living adjustment for fiscal 2027.
Gardner Contributory Retirement Board approves 3 percent fiscal 2027 COLA above Social Security increase. Board Chairperson Denise Merriam and members Robert Newton, David Walsh, Jacob Cormier, and Jacqueline Leger unanimously voted the adjustment, exceeding the 2.8 percent Social Security increase
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