# Lackawanna County Pension Board 9-16-26

The Lackawanna County Pension Board held a meeting on September 16, 2026, primarily focused on reviewing the Q2 2026 performance report of the pension fund. The report highlighted a positive portfolio growth from $244 million at the start of 2025 to $268 million by mid-2026, with a total return of approximately 9.64% year-to-date. Investment strategies discussed included a shift towards large-cap value stocks, an overweight in energy sector holdings due to geopolitical risks, and a conservative approach with nearly 40% of the portfolio in high-quality fixed income to mitigate market volatility. The board also discussed the impact of economic factors such as inflation, interest rates, and consumer debt on the portfolio's outlook. No new contracts, procurement decisions, or budget allocations were made during the meeting. The board agreed to continue monitoring directed brokerage arrangements with Wells Fargo and RBC but deferred any decisions pending full board input. A motion to approve the performance report was passed unanimously.

**Jurisdictions:** sled
**Industries:** Professional Services
**Topics:** Grants & Funding
**Published:** September 16, 2026

### Sources
- [Lackawanna County Pension Board 9-16-26](https://www.youtube.com/watch?v=eUY83kh1T-U) - ECTV