Shrewsbury retirement board redirects assets to PRIT after allocation study. The Retirement Board voted 5-0 to liquidate assets from small and mid-cap investment managers and transfer them to the PRIT Fund's domestic equity sleeve, based on findings that the allocations had no measurable impact on
Shrewsbury Retirement Board approves $2 million pension transfer. Chairperson Zhmin Li led unanimous approval of a transfer not to exceed $2 million to the Pension Reserves Investment Trust Fund by July 31, 2026, and the board unanimously approved member enrollment forms and refund applications.
Shrewsbury Retirement Board adopts amended 2026 budget and extends legal services contract. The board, chaired by Zhmin Li, voted unanimously to approve the amended Annual Expense Budget after adding omitted longevity and sick leave line items, and extended its one-year legal services contract with
Retirement Board approves eight new members and authorizes $850,000 PRIT Fund transfer. The board voted 5-0 to transfer funds by January 31, 2026, while approving eight new enrollment members across multiple town departments and two school paraprofessional retirements. Executive Director Gregory
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