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02-25-13
Newtown Pension Committee
Minutes
February 25, 2013

The Newtown Pension Committee met on Monday February 25, 2013 in the lower meeting room of Town Hall South.  The meeting was called to order at 7:39pm.  

Present: Barbara Bloom, Frank Krasowski, Dunham Smith, Mark Korotash.  

Also in attendance: Carole Ross, HR

Presentation by Westport Resources:

Westport Resources presented their report from 6/30/12 to 2/22/13.  A discussion took place regarding the present investment plan and rate of return to determine short and long term strategies.  Westport Resources will look at possible options and present them at a March meeting prior to the Committee meeting with the Board of Selectmen.  A historic review will also be done to compare our return with the S & P.

Public participation: None
Approval of Minutes:  None
Correspondence:  None
Approval of bills:  None
Requests from retirees: None

  

Motion to adjourn: adjourned at 9:15
 
Carole Ross
Clerk