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Retirement Board approves warrants totaling $7.6 million, audit

Retirement Board · Meeting of April 24, 2026

PLYMOUTH — Retirement Board approves warrants and CBIZ audit, pension fund value $293.9 million. The Plymouth Retirement Board unanimously voted four warrants totaling $7,579,000.92 and approved the draft December 31, 2024 CBIZ audit, with trial balance at $302,656,720.15 as of February 28, 2026. Investment consultant Anthony Tranghese reported the Retirement Fund's total market value at $293,877,704 as of March 31, with one-quarter 2026 performance at negative 1.6 percent versus the benchmark at negative 0.3 percent; one-year performance was positive 8.1 percent against a benchmark of positive 12.3 percent.

Board Member Robert Ness requested a performance analysis of underperforming managers Lazard and Aristotle International, which Tranghese agreed to deliver at the next meeting.

In the full story:

  • The complete report — 417 words

Source: the Retirement Board meeting of April 24, 2026, reported from the official video recording and transcript.

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