Shrewsbury Contributory Retirement Board Meeting Minutes
The board conducted its regular monthly meeting, which also served as an annual session with investment managers to review portfolio performance for Earnest Partners, Atlanta Capital, and Fiera Capital. Key discussions included the adoption of the 2026 Annual Expense Budget and the 2026 Travel Budget. The board also decided to extend the legal services contract for one year while planning for a future RFP. Administrative updates covered a 1099R issuance error, member enrollment forms, retirement applications, and buybacks of creditable service. The board reviewed monthly accounting reports, authorized specific financial transfers and payments, and received updates regarding an RFP for actuarial services.