New Hampshire Retirement System Board of Trustees Board of Trustees Meeting
The Board meeting focused on various operational, financial, and strategic matters. Key discussions included standing committee reports, an economist presentation, and a review of operating reports from various functional teams. The Board approved the three-year Strategic Plan for the system, authorized a three-year contract for pension reporting software, and certified Employer Contribution Rates for future fiscal years. Additionally, the Board discussed building capital reserve policies, received an update on internal audit work, and reviewed investment reports concerning plan performance and asset allocation.
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New Hampshire Retirement System Audit Committee Public Minutes
The Audit Committee received a presentation from external auditors regarding the audit and timelines for the upcoming financial statements. Staff reported on the status of open audit issues, including ongoing efforts to address overpaid death benefits. A status update was provided on an internal control risk assessment, with a draft report expected soon. Additionally, the Finance Department provided updates on fiscal year-end preparations, recruitment, and the implementation of Workiva for the ACFR process. The committee also entered a non-public session to discuss cybersecurity vulnerabilities and mitigation strategies.
