Retirement Board approves $7.4M investment allocation for FY27
Retirement Board · Meeting of June 24, 2026
Concord Retirement Board approves $7.4M investment and accepts lower office lease rates. The board unanimously directed the investment of the $7,374,992 annual appropriation to Fixed Income, the PRIT General Allocation Fund, and PRIT Core Real Estate. Board members also unanimously maintained monthly MassPrim Redemptions at $1 million.
In executive session, the board approved office lease terms at $23.50 per square foot, down from $24.50, with three months of free rent before a five-year August lease, and authorized Executive Director Jill Hersey to obtain insurance and execute the moving contract. The retirement portfolio ended May valued at $273.5 million with year-to-date performance of 5.2 percent.
In the full story:
- The complete report — 479 words
Source: the Retirement Board meeting of June 24, 2026, reported from the official video recording and transcript.
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