Retirement Board approves 3% cost-of-living increase
Retirement Board · Meeting of May 26, 2026
Marlborough Retirement Board approves 3% cost-of-living adjustment. The five-member board unanimously granted a three percent increase on the fifteen thousand dollar base of eligible retirement allowances. The board also approved nine new member applications across multiple departments, five refund and rollover requests, and three transfers to other retirement systems, including the Massachusetts Teachers' Retirement Fund and MWRA Employees' Retirement Fund.
In related financial business, the board approved warrants totaling one point nine million dollars for retiree payroll, vendor expenses, staff costs, and refunds.
In the full story:
- The complete report — 473 words
Source: the Retirement Board meeting of May 26, 2026, reported from the official video recording and transcript.
Keep reading with a 14-day free trial
Subscribe to Marlborough News to keep reading this post and get 14 days of free access to the full post archives.
A subscription gets you:
- Subscriber-only posts and full archive
- Post comments and join the community
- 24x7 access to local news