Updated:
Leominster Retirement Board
The Leominster Retirement Board was established to manage retirement benefits for eligible municipal workers in Leominster, Massachusetts. David R.
Leominster Retirement Board
The Leominster Retirement Board was established to manage retirement benefits for eligible municipal workers in Leominster, Massachusetts. David R. LaPlante serves as chairperson alongside elected, appointed, and ex officio members. Governance follows state statute with oversight from the Public Employee Retirement Administration Commission. Assets total $281 million, with 17.1 percent allocated to private equity through the PRIT program. The board also holds positions in PRIT Real Estate, Core Fixed Income, Value Added Fixed Income, Portfolio Completion Strategies, and Timberland. Confirmed holdings include the PRIT Global Equity Portfolio valued at $111 million and the PRIT Core Fund at $258 million. All investments occur via the pooled PRIT vehicle managed in Boston. The board employs no internal investment staff and relies on external providers including Wainwright Investment Counsel as advisor and M&T Bank as custodian. It maintains membership in the Massachusetts Association of Contributory Retirement Systems. October 2024: Attended the MACRS Fall Conference in Springfield, Massachusetts, covering pension funding and fiduciary topics. The board's architecture centers on mandatory participation in the statewide PRIT Core Fund, which eliminates separate manager selection and concentrates exposure through one primary vehicle under PRIM oversight.
General information
Firm type
Pension Fund
Location
Region
North America
Country
United States
City
Leominster
Corporate office
City Hall 25 West Street, Leominster, MA 01453, United States
Principals
David R. LaPlante
Chairman of the Board
Jennifer Reddington
Ex Officio Member and City Comptroller
Shayne Newton
Elected Member and Firefighter
Jonathan C. Campagna
Elected Member and Firefighter
Douglas Farwell
Appointed Member
Erin S. Hunt
Head Clerk and Retirement Administrator
JoAnn Tunnessen
Fifth Member
Sector focus
Frequently asked questions
Who runs investment decisions at Leominster Retirement Board?
David R. LaPlante serves as chairman. The board as a whole approves allocations, with 99.7 percent directed to the PRIT Core Fund managed by the Massachusetts PRIM Board.
Does Leominster Retirement Board participate in fund commitments or only direct deals?
The board commits exclusively through the PRIT pooled vehicle. It holds no direct private equity or real estate positions outside PRIT accounts.
What asset classes does Leominster Retirement Board hold?
Holdings include global equities, core and value-added fixed income, real estate, timberland, and private equity, all accessed via PRIT sub-accounts.
How is Leominster Retirement Board related to the Massachusetts PRIM Board?
The board invests nearly all assets in the PRIT Core Fund, a vehicle managed by the Massachusetts Pension Reserves Investment Management Board.
Where does Leominster Retirement Board source its investment management?
Management occurs through the statewide PRIT program and external service providers including Wainwright Investment Counsel and Stone Consulting as actuary.
What recent conference participation has the board recorded?
Board members attended the MACRS Fall Conference in October 2024 and the MACRS Annual Winter Conference in December 2025.
Which sectors appear in the board's underlying holdings?
Underlying PRIT exposures include information technology alongside diversified global equities and real assets.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: