December News
The Weymouth Retirement Board interviewed five investment consulting firms during the December 10th Retirement Board Meeting. Dahab Associates, Fiduciary Investment Advisors, Meketa Associates, Punter Southall and Segal Advisors made presentations highlighting their company’s strengths, current client base, and teams of consultants and researchers that would work with the Weymouth Retirement Board. The firms were asked about their ability to adhere to the requirements of MGL Chapter 32 and PERAC regulations while meeting the fiduciary, reporting, and informational needs necessary for the Weymouth Retirement System to continue to experience the success achieved since withdrawing from the PRIT fund in 2004. The Board will take some time to review the bid responses and presentation materials, and should make a decision by the end of January.

Public Safety Retirees (Group 4) will receive a letter from the Retirement System giving them the total of health insurance deductions for Calendar 2007. Our retirees are urged to contact a tax preparation professional regarding this new IRS ruling.

The Weymouth Town Hall and the Weymouth Retirement Office will be closed on Monday, December 24th and Tuesday, December 25th

 

On behalf of the Weymouth Retirement Board Trustees

Barbara Costa
Joseph Davis
Gregory Hargadon
Frank Lagrotteria
Edward Masterson
and
Jo-Ann Anti, Assistant Director
Marsha Silva, Director

Our wishes go out for happiness during the holiday season, and health and good fortune in the New Year.