Retirement Board Part 1 03/25/2026

Town of Needham Retirement Board · March 25, 2026

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Opening and attendance

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Chair Michelle Valancort opened the meeting and took attendance: in person Jay Steves, Bob Merles, John Kowiki, Elizabeth Milt, chair Michelle Valancort; Jacob Cole attending online; Marty noted as joining. Chair announced a planned 10:00 executive session to discuss cybersecurity.

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The Town of Needham Retirement Board met March 25 to approve minutes, payroll and expense warrants, review operating and bank reconciliation statements, note a duplicate invoice to KMS amid an ongoing audit, discuss a $7 million transfer to PRIT, confirm an incoming town treasurer, and temporarily adjourn to an executive session on cybersecurity with presenter Maya.

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Transcript

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