The council agenda included public hearings regarding the Pine Avenue Sewer Replacement Project easement acquisitions, the creation of the Morrison Station Community Development Authority to support infrastructure financing, and the adoption of the One City, One Future 2045 Comprehensive Plan. Other key business items involved ordinances related to collective bargaining, motor vehicle traffic, and a referendum on local retail sales tax. The meeting also featured proclamations for Disability Pride Month and the Newport News Women's Club 115th anniversary, along with approvals for various grants, donations, and housing development project support.
Enterprise
Get verified public-sector contacts at scale
Find verified emails, direct dials, role context, job-change updates, and organization signals across every public-sector account you sell to.
Board of Trustees of the City of Newport News Employees' Retirement Fund Meeting Minutes
The Board reviewed investment fund performance, noting market volatility and updates on equity and fixed income strategies. Key business items included the determination of the FY27 Cost-of-Living Adjustment (COLA) for retirees and a discussion regarding the online accessibility of meeting records.
Apr 30, 2026·Board meeting
Board of Trustees of the City of Newport News Employees' Retirement Fund Minutes Of Meeting
The board discussed current financial performance and reviewed an update on a Deferred Retirement Option Plan (DROP) study, ultimately deciding to table further action on the proposal due to concerns regarding fiscal prudence, increased liabilities, and potential negative impacts on both the fund and employees. Additionally, the board reviewed and approved a non-occupational partial disability rating for an applicant case.
Mar 26, 2026·Board meeting
Board of Trustees of the City of Newport News Employees' Retirement Fund Minutes Of Meeting
The meeting included a review of financial performance for the Pension, Post Retirement, and LODA funds, noting positive year-to-date returns and the impact of geopolitical tensions on global markets. Meketa provided an overview of 2026 capital market expectations and reviewed the quarterly performance report for the period ending December 31, 2025. Updates were provided regarding the status of the DROP study and the scheduling of future committee meetings. Additionally, the Board reviewed a disability application, resulting in the approval of a 40% non-occupational partial disability rating for the applicant.
