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Retirement Board Part 2 03/25/2026

Town of Needham Retirement Board · March 25, 2026

The Town of Needham Retirement Board met March 25 to review bank reconciliations, discuss the proposed $20,000 COLA base and a July 3% COLA rate, and to work through findings in a draft PAR audit including potential over/underpayments to retirees; the board agreed to draft a rebuttal and to continue follow-up at the April meeting.

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.