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Retirement Board

Regular Meeting

Worcester, MA · December 11, 2025

Agenda

Agenda

BO AR D M EM BE R S Elizabeth Early, Elected, Chair Robert Stearns, Ex-Officio Matthew Walley, Appointed John Mahan, Elected Tamara Cullen, 5th Member WORCESTER RETIREMENT BOARD MEETING AGENDA C ON T A CT 12/11/2025 |9:30AM| Levi Lincoln Chambers Room 3rd Floor, City Hall • 455 Main Street, City Hall Room 103 Worcester MA 01608, • 8-4:15 M-F This Retirement Board meeting will be held in-person at the date, time • 508-579-7649 and location listed above. • Retirement@Worcesterma.gov Application materials may be viewed by appointment at Worcester • Worcesterma.gov/Retirement-Board Retirement Office City Hall Room 103, between 8:00 a.m. – 4 p.m., Monday through Friday. The Worcester Retirement Board is committed to ensuring that its public meetings are accessible to For more information concerning this meeting, please contact the all. Should you require interpretation, auxiliary aids, services, written materials in other formats, Retirement Office by email at Retirement@worcesterma.gov or phone at or reasonable modifications in policies and 508-799-1062. Please send written comments, requests for procedures, please contact the Retirement Office a reasonable accommodation, or requests for language interpretation 2 minimum of 2 business days in advance of the scheduled meeting. business days or more in advance of the meeting. Hay disponibles servicios de interpretación y otras adaptaciones con solicitud previa. Las solicitudes de intérpretes para personas con dominio limitado del inglés deben hacerse a más tardar 2 días hábiles antes de la reunión. ‫ﺗﺘﻮﻓﺮ اﻟﺘﺮﺟﻤﺔ اﻟﻔﻮرﯾﺔ وﻏﯿﺮھﺎ ﻣﻦ وﺳﺎﺋﻞ اﻟﺘﯿﺴﯿﺮ ﻋﻨﺪ اﻟﻄﻠﺐ اﻟﻤﺴﺒﻖ‬ Para obtener más información en relación con esta reunión o enviar अनवु ◌ाद र अ6य आवसह अ'-म अनरोधपचत ◌ु उपल5ध comentarios o preguntas por escrito antes de la reunión, contacte a: हु6छ। Retirement@worcesterma.gov or 508-799-1062. Interpretação e outras adaptações estão disponíveis mediante solicitação prévia. Call to Order – 9:30 Përkthimi dhe akomodime të tjera janë në dispozicion me kërkesë paraprake. Next Meeting Dates: January 8th 2026 – Regular – 8:30AM Kasa nkyerɛaseɛ ɛne akwanya afoforɔ da hɔ ma wɔn a wɔn bɛ bisa ato hɔ. Phiên dịch và các hỗ trợ khác có sẵn theo Acceptance: November Regular Mintues yêu cầu trước. DI V IS IO N S TA F F Lisa Poske, Executive Vicki Cabezas, Accounting Jennifer Wood, Payroll Lori Cutroni, Head Clerk Fiona Szpiech, Member Rep. U P CO MI N G M EE TI N GS 01/08/2026 – Regular 8:30 AM OLD BUSINESS: October: Custody Recap, MM, CR, CD, November: MM, Custody Monthly, Legal Legal RFP Results Continued 1 Office Organization Cont’d NEW BUSINESS: 2026 Calendar 2026 Budget Actuary RFP PERAC 2025 Memos: #30 Follow up Memo 28/2025 #31Forfeiture of Retirement Allowance #32 Free Cybersecurity Training 91A - Jacqueline Davilla– Francis Patriarca Warrants: Items Handled in Executive Session: Cybersecurity Update November Executive Session Minutes Adjourn 2