Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Personnel Policy topic

No spam. Unsubscribe anytime.

Board adopts consultants salary-structure recommendations after briefing and discussion

Board (pension policy board) · June 30, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Following a staff briefing and an OFM letter raising concerns, the board voted to adopt the consultants 2026 salary-structure recommendations (Option 1); the motion passed by voice vote and the board recessed for 15 minutes.

Karen Durant, staff to the board, briefed trustees on salary-setting authority, consultant recommendations for 2026 structure adjustments, and a letter from the Office of Financial Management noting alignment concerns. Durant summarized the recommended structure changes (an 8% adjustment for executive positions, among other recommendations) and noted the board has an ongoing process that adjusts salary ranges annually and uses market analyses every two years.

After discussion and clarification about the options on the table, a board member moved to adopt the consultants 2026 recommendations (Option 1), another trustee seconded, and the motion was adopted by voice vote. The chair then called a 15-minute recess.

Durant said next steps include distributing 2025 performance evaluations, possible executive-session discussions in July about individual performance, and potential board action on any individual salary increases after further process.