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Retirement Board approves FY27 budget, five new school employees

Retirement Board · Meeting of March 19, 2026

WAKEFIELD — Retirement Board approves FY27 budget and onboards five school employees. The board unanimously adopted the Fiscal Year 2027 retirement budget and approved five new Group 1 members from the School department: Annie Richards, John Roberto, Philip Ciavardone, Diane Guptill, and Erin Maiolino. Executive Director Cathy Cheek and Assistant Director Ernie Calavritinos presented January 2026 cash reconciliation from Eastern Bank and PRIT investments.

The board also unanimously approved the 2025 Annual Statement and appointed Vice Chair Sherri A. Dalton to act on behalf of the board for cash and securities transactions. Two employees filed voluntary superannuation retirements: Steven Fitzpatrick of DPW with 32 years two months of service, effective February 28, 2026, and Charles Donnell of the School with 35 years two months of service, effective June 17, 2026.

In the full story:

  • The complete report — 405 words

Source: the Retirement Board meeting of March 19, 2026, reported from the official video recording and transcript.

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