The Board has entered into agreements to invest with the following managers:

Artio Global Advisors - addition to the International Core Equity (pooled) fund in addition to State Street Global Advisors.

PENN Capital and Loomis Sayles - both additions to Domestic Equity to manage the investment for Small to Mid Cap Funds.

Westfield Capital - Large Cap manager addition to the Domestic Equity Allocation, in addition to RhumbLine (S&P 500 Index Fund) and The Boston Company.

The new managers are scheduled to be funded at the beginning of November.

On October 24th, the Board conducted an annual interview with each Fund Manager.  In such frenetic economic times, it is satisfying to have the managers report that in most cases, they are performing on a par with, or ahead of the established benchmark for each asset class.  The Board will review 3rd Quarter Performance of the fund as a whole during the November meeting.

Will you or your spouse soon celebrate your 65th birthday?  Please remember that the Town of Weymouth requires enrollment in Medicare Part A and Part B as a condition for in the Town’s Insurance Program.  Most people will receive a Medicare card in the mail from Social Security about three months before your birthday.  But if you haven’t heard from them, please take the time to visit the Social Security office closest to your home to inquire about your eligibility.  It is necessary for the Weymouth Retirement Office to have a copy of the card when you receive it.

Retirement Board Election – Ballots will be mailed to all retirees on November 14th.  The Office will be open from 8:00 a.m. to 6:00 p.m. on December 16th for active members to vote.