Summary
The Pension Committee's plan to swap the JP Morgan Mid Value fund for Columbia Select Mid Cap Value and pour about $250,000 of set-aside cash into the unbudgeted FY27 pension contribution got unanimous council approval.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Sep 1, 2026.
Impact analysis
About $250,000 of assigned fund balance goes toward the FY27 pension contribution.
Town employees and retirees relying on the pension system, and taxpayers who benefit from keeping the plan funded.
Mentions & discussions (2)
Mayor and City Council (Work) - Sep 1, 2026
The Pension Committee's plan to swap the JP Morgan Mid Value fund for Columbia Select Mid Cap Value and pour about $250,000 of set-aside cash into the unbudgeted FY27 pension contribution got unanimous council approval.
Mayor and City Council (Work) - May 26, 2026
On the Pension Committee's recommendation, the city is replacing its international investment manager and reallocating those funds.
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