Retirement Board

Retirement Board approves 3 percent cost-of-living increase. The board unanimously approved a contractual 3 percent cost-of-living adjustment for retirees effective July 1, 2026, with Chairman Michael Wacek presiding over four voting members. Retirement Plan Administrator Ken Berkson reported the

Greenwich Retirement Board sets 4.40 percent annuity rate for next fiscal year. The five-member board, chaired by Michael Wacek, unanimously approved the interest rate for accounts under the pension plan's annuity program for fiscal year 2026-27. The board also reviewed investment performance

Greenwich Retirement Board unanimously approves governance amendment and May retirements. The Board voted 5-0-0 to approve a revision to Greenwich Code of Ordinances Chapter 2, Article 12, which adds a specific maximum timeframe for special elections following suggestions from Town Attorney Ahmad.

Greenwich Retirement Board affirms strategic allocations and signals openness to venture capital. The Greenwich Retirement Board voted 5-0-0 to reaffirm its Strategic Asset Allocation targets with 2026 updates on Thursday. The Plan held $748 million in assets as of late February. Neuberger Berman's

Greenwich Retirement Board rejects hedge fund investment proposal. The five-member Board, led by Chairman Michael Wacek, declined Neuberger Berman's proposal to adopt a Diversified Strategic Asset Allocation featuring hedge funds and derivatives, requesting instead alternative strategies excluding