Bloomfield Township RHC and FSC Committee Quarterly Meeting on May 7, 2026

The Bloomfield Township RHC and FSC Committee held their quarterly meeting on May 7, 2026, focusing primarily on a detailed review of the township's investment portfolios, including the defined benefit pension plan and retiree healthcare fund. The meeting featured presentations from investment advisers discussing portfolio performance, asset allocations, and market conditions. Key procurement-related discussions included the management of various investment funds such as money markets, bond portfolios, real estate loans, private equity secondaries, and fixed income allocations. The committee reviewed returns, underperformance issues with certain managers, and strategic adjustments including the addition and removal of specific investment managers and assets. There were no direct contract awards or purchasing decisions discussed, but the meeting emphasized ongoing investment management strategies and fiduciary oversight to support the township's financial obligations.