Apr 30, 2026BoardMeeting
BoardMassachusetts 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.