Eldridge Bay Retirement System
The board

Five keepers of the pension.

The Retirement Board is composed of five members under M.G.L. c. 32, § 20: one appointed, two elected by the membership, the Town Accountant ex officio, and a fifth member chosen by the other four.

Statute
M.G.L. c. 32, § 20
Composition
5 members
Quorum
3 of 5
Cadence
Monthly
Oversight
PERAC
Term length
3 years
The members

Five seats, five people.

MO
Chair

Margaret O'Donnell

Appointed · she/her

City CFO and CPA with 25 years of municipal finance experience; appointed in 2019 and elected Chair by her colleagues in 2023.

Seat
Appointed by the Mayor of Eldridge Bay
Tenure
2022 – 2026
Committees
Investment, Audit, Personnel
RC
Vice Chair

Robert Chen

Ex officio · he/him

City Auditor of Eldridge Bay; serves ex officio on the Retirement Board.

Seat
Town Accountant, serving ex officio under c. 32 § 20
Tenure
2022 – present
Committees
Investment, Personnel
MS
Member (Elected, Active)

Maria Salinas

Elected · she/her

Active-member representative; 24-year DPW Foreman with the City of Eldridge Bay.

Seat
Elected by active members of the system
Tenure
2022 – 2025
Committees
Audit, Governance
LK
Member (Elected, Retiree)

Linda Kowalski

Elected · she/her

Retired-member representative; 32 years with the Eldridge Bay Public Schools.

Seat
Elected by retired members of the system
Tenure
2023 – 2026
Committees
Governance
JL
Member (Fifth member)

James Liu

Fifth member · he/him

Investment professional; the fifth member chosen by his four colleagues.

Seat
Selected by the other four members under c. 32 § 20
Tenure
2021 – 2025
Committees
Investment
The office

Three people, one small office.