Retirement board hears SEI market review and unanimously approves 'Portfolio A'

SEI Investments representatives Patrick Blizzard and John Waite presented the Chicopee Retirement Board with a portfolio study and a market review on April 29, 2026. They told trustees that financial markets were mostly flat for the quarter but that commodities and inflation‑linked bonds outperformed, and that trailing 12‑month returns were healthy. The presentation compared domestic and international performance to the individual benchmarks for those asset classes.

After the presentation, the board moved to adopt the portfolio study identified as "Portfolio A." Trustee Debra Boronski moved to approve Portfolio A; Trustee David Ference seconded the motion. The motion passed unanimously. The minutes record that "the board thanked Mr. Blizzard and Mr. Waite for their presentation."

The presentation included a dated booklet (April 29, 2026) provided to the board; the minutes do not record specific projected return figures or changes to the board’s asset‑allocation policy, only that the trustees approved Portfolio A following discussion. The board did not record a roll‑call vote breakdown in the minutes, only that the motion carried "ALL IN FAVOR."