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Hampden County retirement board chairman Richard Theroux to resign in wake of critical audit, mounting calls for leadership changes

Hampden County retirement board chairman Richard Theroux to resign in wake of critical audit, mounting calls for leadership changes
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Hampden County retirement board members say 'system is sound,' but some officials unsatisfied with answers about audit

Hampden County retirement board members say ‘system is sound,’ but some officials unsatisfied with answers about audit
Updated Mar 03, 2021;
Members of the Hampden County Regional Board of Retirement say they are confident they can continue managing the system, despite a recent audit flagging issues with the board’s spending and questioning documentation but several representatives from communities within the system say they aren’t convinced.
In a discussion that was at times heated Wednesday, the five board members as well as Executive Director Julianne Bartley fielded questions from town officials across Hampden County. The participant list included board Chairman and Treasurer Richard M. Theroux and board members Patricia C. Donovan, Karl J. Schmaelzle, Patrick O’Neil and Laurel A. Placzek. ....

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In wake of critical audit, local officials to question Hampden County Regional Retirement System board members Wednesday

In wake of critical audit, local officials to question Hampden County Regional Retirement System board members Wednesday
Updated Mar 03, 2021;
While members of the Hampden County Regional Retirement System do not have the authority to remove those who sit on its governing board, interim Hampden Town Administrator Bob Markel is hopeful that if there’s enough outcry, change can come.
In a strategy session Monday attended by community representatives from the western edge of Hampden County in Chester to its eastern reaches in Wales, Markel spearheaded a discussion of the next steps in the wake of a critical audit released in February by the Public Employee Retirement Administration Commission. ....

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