Aggregated Pension Fund Board Meeting | February 25, 2026

The City of Chester, PA Aggregated Pension Fund Board held a special meeting on February 25, 2026, primarily focused on pension fund management and related financial matters. Key procurement-related discussions included the approval of professional fees for legal counsel Carl Ewald, totaling $2,180 for December 2025 services, with stipulations for proper disclosure filings and client designation. Additionally, the board approved professional fees of $32,100 to TJA Associates for 2026 services. The meeting addressed pension application approvals, including DROP program entries and regular pension installations, with motions passed to approve these items pending further review of pension calculation methodologies. The board also discussed the complexities of pension calculations post-2017 and requested formal review and clarification from the receiver and legal counsel to ensure accuracy. Other financial actions included ratifying pension contribution reimbursements and discontinuing pensions due to death. The meeting concluded with updates on pension fund performance and investment policy statements, with plans to address fire department pension rates in the next meeting. No new contracts or RFPs were initiated during this session, but the discussions emphasized fiduciary responsibilities and procedural clarifications affecting future pension-related procurement and payments.