Shrewsbury Contributory Retirement Board Meeting Minutes
The board discussed several operational and administrative matters, including the implementation of staff performance review processes and evaluations. Conversations were held regarding the role of the Board Chairperson and protocols for pre-employment physicals and HIPAA forms. The agenda included reviewing monthly accounting reports, budget statuses, and custodial bank statements. Additionally, the board received updates on ongoing actuarial services, specifically the upcoming actuarial study and COLA increase impacts, as well as progress on the office's document scanning project. A financial action was taken to authorize a transfer from the PRIT Fund.