Board meetings, strategic plans, and buyer signals from Melissa Achaw-Owusu’s organization
Apr 30, 2026·BoardMeeting
Board
Massachusetts Port Authority Employees' Retirement System Board Meeting Minutes
The Board reviewed investment portfolio summaries and market condition analyses provided by investment firms. Discussions were held regarding actuarial assumptions, the potential for a COLA base increase, and administrative file migration strategies. The Board approved an application for involuntary ordinary disability retirement and several superannuation retirement applications. Actions were also taken to adopt the 2025 PERAC Annual Statement, ratify monthly investments, authorize monthly vouchers, select a firm for death audit services, and file a non-objection status regarding a pending legal appeal.
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Massachusetts Port Authority Remote Meeting Minutes
The meeting included reports from the CEO on TSA performance, airport activity, and various sustainability and community initiatives. Presentations were provided regarding aviation passenger activity and maritime cruise season outlooks. The Board adopted the 2025 Strategic Plan and appointed a new Chief People Officer. Additionally, several capital projects were authorized, including the rehabilitation of Runway 5-23 at Hanscom Field, the Logan Terminal Amenities Program, the Logan South Cargo Solar Design-Build, and pavement improvements for the Runway 15R Localizer Area.
Mar 31, 2026·BoardMeeting
Board
Massachusetts Port Authority Employees' Retirement Board Board Meeting Minutes
The board addressed several agenda items, including disability-related hearings and matters, specifically conducting an executive session for a disability retirement application and granting accidental disability retirement to a member. The board accepted lump sum workers' compensation settlements for multiple members. KPMG presented audit results and financial statements. Additionally, the board entered an executive session to discuss information security strategies. Authorization was granted for board and staff attendance at an educational conference. The board ratified investments for the prior month and approved payment vouchers. Finally, several superannuation retirement applications were approved, and the Director provided updates on in-service death notifications, pending reports, and upcoming departmental matters.
Mar 19, 2026·BoardMeeting
Board
Massachusetts Port Authority Meeting Minutes
The meeting encompassed a wide range of operational and strategic updates, including the CEO's report on winter storm responses, various airport marketing campaigns, and financial performance metrics. Presentations covered safety initiatives across aviation and maritime divisions, including updates on police leadership and pedestrian safety. The Board reviewed the strategic plan based on public feedback regarding transportation, climate resiliency, and infrastructure. Key actions included the appointment of a Deputy Chief Legal Counsel, the authorization of several capital projects such as the Braintree Logan Express Garage and terminal modernization, and the approval of an Air Carrier Operating Agreement. Additionally, the Board implemented a new base rate for commercial ground transportation services to incentivize high-occupancy vehicle use.
Extracted from official board minutes, strategic plans, and video transcripts.
