Retirement Board approves $1.1M February payroll, backs system investments.
Hingham Retirement Board unanimously approves February payroll warrant totaling $1.1M and backs current investment strategy. The board approved the monthly payroll of $1,125,470.67 and a cash disbursements warrant of $173,183.46, including $140,951.86 in MTRS transfers and municipal 3(8)(c)
Retirement Board · Meeting of February 26, 2026
Hingham Retirement Board unanimously approves February payroll warrant totaling $1.1M and backs current investment strategy. The board approved the monthly payroll of $1,125,470.67 and a cash disbursements warrant of $173,183.46, including $140,951.86 in MTRS transfers and municipal 3(8)(c) payments. Frank E.
Benham of Meketa Investment Group reported the retirement system valued at $199.9 million as of December 31, 2025, with a 12.6 percent annual return driven primarily by equities; PRIM recommended holding the current diversified asset allocation long-term. The board also approved police patrolman Daniel R. Martini for system membership, effective August 1, 2025.
In the full story:
- The complete report — 324 words
Source: the Retirement Board meeting of February 26, 2026, compiled from the official minutes.
Members read the rest of this story and every Hingham meeting we cover, in full.
Become a memberAlready a member? Sign inA 30-day free trial needs a payment method. After it, your membership renews at the price shown at checkout until you cancel, which you can do anytime from your account. Subscription terms
Share this brief
Know someone in Hingham who follows town government? Share Townbrief Hingham: they can sign up free.