Needham Retirement Board adopts 'Schedule A2' funding plan for FY27
The Needham Retirement Board voted unanimously to adopt funding schedule A2 for fiscal year 2027. The board chose A2 after reviewing three proposed schedules and after discussing town timing and the town manager's input.
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The Needham Retirement Board voted on Aug. 12 to adopt funding schedule A2 for fiscal year 2027 following discussion of three options. John Kowicki moved to adopt Schedule A2 and the motion passed on a roll call vote; Chair Michelle Balaguer confirmed staff will notify the town manager’s office and implement the change.
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