The Board approved numerous new member enrollments and addressed questions regarding proper certification for enrollment. Retirement benefits were awarded to twelve members, and several individuals were granted creditable service awards. The Board terminated benefits for several members who failed to file required statements of earned income. Financial approvals included retirement payrolls, employee payrolls, refund warrants, and various cash disbursements, including significant transfers to the PRIT fund. Additionally, the Board established a new protocol for handling missing enrollment paperwork and discussed the cost and compliance necessity of upgrading the retirement system's website. Finally, the Board entered executive session to act on disability retirement applications.
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The Board addressed various administrative and financial matters, including the approval of new enrollments, retirements, and creditable service awards. Financial actions included approving multiple payroll warrants, refund warrants, and cash disbursement warrants. Discussions covered internal records storage, a repayment plan for a benefit overpayment, a new salary survey methodology, the approval of the January 2026 actuarial valuation, and the initiation of a website migration project. The meeting concluded after an executive session concerning an accidental death application.
Jul 27, 2026·Board meeting agenda
Essex Regional Retirement Board Public Meeting Agenda
The board meeting agenda includes standard administrative items such as new enrollments, new retirements, and the issuance of creditable service awards. Financial oversight will be conducted through the approval of various payroll and disbursement warrants, as well as the acceptance of monthly financial reports including cashbooks, bank reconciliations, expenditure reports, cash flow, and PRIT performance reports. The Executive Director's report covers the Arahovites recoupment of overpayment, salary survey options, approval of the January 1, 2026 Valuation Study, and updates on the new website project and internship program. The meeting concludes with an executive session regarding disability and accidental death hearings.
Jun 22, 2026·Board meeting
Essex Regional Retirement Board Regular Meeting
The Board discussed and approved various administrative and financial matters, including new employee enrollments and retirement benefit awards. Members authorized the payment of retirement allowances, employee payrolls, and specific cash disbursement warrants. The Board also voted to extend a legal services agreement with Sacco and Collins, P.C., and discussed participation as a Management Fee Offset Partner for an investment fund. Additionally, the Board reviewed a debt collection matter regarding a deceased retiree and received an update on the recruitment process for an internship position.
