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Advisor: pension plans end year strong after weak first quarter; one-year returns exceed 13%
Summary
Financial advisor Dan Flynn told trustees that despite a negative first-quarter return, the Non-Uniform plan posted a one-year return of 13.07% and the Police plan 13.44%; five- and ten-year returns were also reported and both plans were described as at all-time highs as of April 30, 2026.
Dan Flynn, the board's financial advisor from ACG, reviewed investment performance for the plans and provided multi-year return figures.
He reported that while both plans had a negative return in the first quarter, they finished the plan year with one-year returns of 13.07% (Non-Uniform) and 13.44% (Police). "Both plans are at all-time highs as of April 30, 2026," Flynn said, and he also provided five- and ten-year return figures for trustees' reference.
Trustees received the report; no plan-level changes or votes were recorded in the minutes.
