Town Of West Hartford Pension Board Regular Meeting
The Pension Board reviewed the annual history of advisory fees and discussed the Third Quarter Flash Report along with portfolio exposure to AI investments. The board also addressed conflict of interest inquiries regarding employees of Empower serving on the board. Additionally, members examined and adopted updated buyback service rates based on Milliman calculations. The meeting concluded with formal actions including the review of new memberships, termination reports, retirement applications, and the approval of invoices for consulting and license fees.
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Town Of West Hartford Pension Board Regular Meeting
The board discussed a name change for their advisor firm, Fiducient, to Wealthspire. There was a review of second-quarter performance, asset allocation, portfolio dashboard performance, and real estate allocations. Human Resources presented information regarding the 2026 meeting calendar and discussed the review of purchase service rates. The board also addressed the acquisition of MARC by Empower, including potential ethics and conflict of interest reviews. A disability retirement application was reviewed and approved. Additionally, the board processed pension administration items including new memberships, withdrawals, terminations, and retirements, and approved various invoices from Milliman, Fiducient Advisors, Principal Custody Solutions, Pier Capital, and the Berwyn Group.
May 26, 2026·Board meeting
Town Council Town Council Meeting
The Town Council conducted a meeting covering a range of administrative and community business. Key topics included the adoption of a consent calendar and setting a public hearing date for a dog leash ordinance. The Town Manager provided updates regarding a credit rating reaffirmation, upcoming bond issuances for capital improvements, and adjustments to waste collection schedules. Additionally, the council reviewed various community announcements, including upcoming local festivals, public library system updates, Pride month activities, military service induction ceremonies, Special Olympics torch run participation, and seasonal community service initiatives such as flag removal at cemeteries.
