Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Personnel topic
No spam. Unsubscribe anytime.
Needham Retirement Board confirms new administrator hire, training plan and authorizes cybersecurity quote
Summary
The board accepted an offer from Katina Goodrich to begin July 27, agreed to retain outgoing staffer Jake to help with training, and approved a $3,624 cybersecurity quote; routine minutes and warrants were also approved.
The Needham Retirement Board on July 15 confirmed the hire of Katina Goodrich as the incoming retirement administrator and agreed to a transition plan that will use the outgoing administrator (Jake) intermittently through August to transfer duties and shadow key processes.
Board materials show the offer letter was signed and returned the night before the meeting; the chair told the board, "she signed it and returned it back to us last night, and she is going to be starting here on Monday, July 27." Board members agreed the outgoing staff would remain available in a limited training role to ensure continuity on payroll and reconciliations.
Separately, staff reported a refreshed cybersecurity/insurance quote from Lyden & Murphy for $3,624; the board affirmed moving forward with coverage and asked staff to update the coverage dates and copy the chair on material correspondence. The transcript shows the quoted figure and confirms the insurance broker said the quotes remain valid and can be updated to reflect July 2026 start dates.
The board also handled routine business: it approved minutes from the June meeting, accepted June membership changes and transfers (including a staff explanation of a refunded/redirected transfer involving dual membership), and approved the payroll warrant (gross $1,378,102.79) and an accounts‑payable warrant ($169,221.76). Staff noted a one‑time PTG invoice of roughly $47,000 for the retirement system’s software, which will reduce the operating balance in July.
Next procedural steps: staff will prepare written SOPs and reconciliation instructions to aid the incoming administrator and will finalize cybersecurity coverage dates with the broker. The board will review the finalized funding schedule at its August meeting if the town manager concurs on the recommended schedule.
