Board meetings, strategic plans, and buyer signals from Shannon Dowd’s organization
Jul 9, 2026·BoardMeeting
Board
Lowell Retirement Board Meeting Minutes
The board meeting covered several agenda items, including the acceptance of new membership applications and the approval of superannuation retirements. The board reviewed injury reports and approved various refunds and payments, including significant reimbursements and adjustments for deductions taken in error. Additionally, the board approved retirement allowances for the previous month, reviewed financial reports including PRIT fund summaries and bank balances, set an election date, amended a supplemental regulation, and extended the deadline for filing annual reports of earnings for retirees. The board also convened and concluded an executive session to discuss specific personnel matters.
Jun 11, 2026·BoardMeeting
Board
Lowell Retirement Board Meeting
The Board addressed several key agenda items, including the approval of new retirement memberships, superannuation retirements, and various refund and payment requests. Retirement allowances were approved, and the Board reviewed PRIT fund performance along with checking and money market account balances. Additionally, the Board established an election timetable, denied a liability request from another retirement system regarding a specific service period, addressed outstanding annual earnings reports from retirees, and authorized the withholding of a pension due to excess earnings. An executive session was conducted to discuss personnel matters.
May 14, 2026·BoardMeeting
Board
Lowell Retirement Board Meeting Minutes
The board meeting addressed several administrative and financial items, including the acceptance of new members and the processing of superannuation retirements. The board reviewed and noted injury reports and approved various financial transactions, such as refunds for resigned employees, corrections for deductions taken in error, payment of bills, and reimbursement transfers. Additionally, the board approved retirement allowances for the month of April and reviewed a summary of PRIT fund performance. Finally, the board voted to deny a request from the Massachusetts Teachers' Retirement Board regarding liability for service of a former employee.
Apr 9, 2026·BoardMeeting
Board
Lowell Retirement Board Meeting
The board discussed and voted to grant a 3% cost of living adjustment on the base pension amount, with an effective date of July 1, 2025.
Extracted from official board minutes, strategic plans, and video transcripts.
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