Retirement System Trustees

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Description
The Board of Public Works Trustees shall administer the retirement system of the Board of Public Works.

The administration of this system is vested in a board of seven (7) Trustees, one representing the Commissioners of the Board of Public Works, one representing the AFSCME employees of the Division of Public Works, one representing the UAW employees of the Division of Public Works, one representing the unaffiliated employees of the Division of Public Works, one representing the Board of Aldermen, one to be selected from the financial and investment community of the City and the City Treasurer or his designee. The Trustee representing the Commissioners of the Board of Public Works shall be selected by the Board at a meeting duly called for such purpose.

The employee representatives shall be members of the retirement system chosen by elections among the respective affiliations (AFSCME, UAW, Unaffiliated) of Board of Public Works Employees.  The Trustee representing the Board of Aldermen shall be nominated by the president and confirmed by the Board. The Trustee selected from the financial and investment community of the City shall be nominated by the Mayor and confirmed by the Board of Aldermen. [NRO 45-11] 

Related Documents

RBC Pension Portfolio Review - November 28, 2023

Nashua BPW Plan:  State and Local Plan Comparisons

RBC Pension Portfolio Review - March 31, 2023

RBC Presentation - Nashua Performance Summary - 1Q2023

RBC Pension Presentation - 4Q 2022 Performance Summary - Jan 24, 2023

RBC Pension Presentation & Portfolio Review Aug. 23, 2022

RBC Pension Presentation February 22, 2022 (PDF)

RBC Presentation July 27, 2021 (PDF)
Our current Fiscal Year End results for the Pension fund increased by 26.32% reflecting a balance of $52,572,363.68, which can be found on page 8 or 14 in the PDF above.

RBC Portfolio Review Sept. 30, 2022 (PDF)

RBC 3Q2022 Performance Summary, Nov. 30, 2022 (PDF)

Summary of Revisions - BPW Retirement System Chapter 45 Article IV (PDF)

BPW Retirement System Ordinance Amendment - Chapter 45 Article IV (PDF)

BPW Employee Retirement System Handbook (PDF)

Board of Trustees Annual Report – FY 2020 (PDF)

BPW Retirement & Resignation Form (PDF - Print & Sign) (PDF)

BPW Pension Administration Website (Hooker and Holcombe) - PensionEdge