# Town of North Haven Police Pension Plan Town of North Haven Police Pension Plan is a Pension Fund based in North Haven, United States. ## Overview - **Organization type:** Pension Fund - **Headquarters:** North Haven, United States - **Region:** North America - **Address:** North Haven, CT, United States - **Assets under management:** Undisclosed - **Website:** northhaven-ct.gov ## Regulatory record - **Reports private funds:** No ## About The Town of North Haven Police Pension Plan is a public-sector defined-benefit plan providing retirement allowances to eligible police officers and their surviving spouses. Oversight falls to a five-member Police Retirement Board composed of town officials and police union representation — a governance model common across Connecticut municipalities. The plan's fiduciary net position is reported as part of the Town of North Haven's annual comprehensive financial report, making it a transparent, if modestly scaled, institutional pool. Asset allocation is not publicly itemized at the plan level, but Connecticut municipal police pension funds of this size typically hold diversified portfolios across domestic equities, fixed-income instruments, and real assets via commingled vehicles or state-managed investment pools. The Town of North Haven participates in broader regional economic networks through its officials' memberships in the Quinnipiac Chamber of Commerce and Greater New Haven Chamber of Commerce, though these relationships do not directly govern the pension plan's investment decisions. The Retirement Board operates under Connecticut General Statutes and the town's ordinance framework, with procurement and investment oversight conducted through public meetings. Staffing is handled through the existing town administrative apparatus; there is no dedicated investment staff disclosed for the police plan alone. The town's First Selectman, Michael Freda, serves on the Retirement Board alongside union president Jason Janosko, creating a table where municipal executive authority and labor representation meet over fiduciary decisions. Philanthropic activity tied to the town includes support for The Quinnipiac River Fund, a regional environmental grantmaking vehicle administered by The Community Foundation for Greater New Haven, though this is separate from pension-plan operations. The plan's structural differentiator is its embeddedness: it is not an independent trust with a separate investment committee staffed by external professionals, but rather a municipally governed entity whose board composition is dictated by Connecticut law. That design couples the fund's fate to the town's broader fiscal health and to the interpersonal dynamics of a five-member board drawn from a single suburban jurisdiction — a governance intimacy that larger institutional allocators avoid but that can produce unusually direct accountability for a plan of this scale. ## People - Richard Monico — Chairman, Police Retirement Board - Larry Lazaroff — Vice Chairman, Police Retirement Board - Michael Freda — First Selectman, Town of North Haven; Board Member - Jason Janosko — Police Union President; Board Member - Candace Pollack — Member, Police Retirement Board ## Questions ### Who makes investment decisions for the Town of North Haven Police Pension Plan? Investment decisions are made by the Police Retirement Board, a five-member body that includes the board's chairman, vice chairman, the Town's First Selectman, the police union president, and an additional board member. The board operates under Connecticut state statutes governing municipal police pension funds, with procurement and oversight conducted in public meetings. ### How is the funding status of the North Haven police pension reported? The plan's fiduciary net position is reported annually as part of the Town of North Haven's comprehensive financial report, which is a publicly available document filed with the State of Connecticut. Specific actuarial funding ratios and contribution schedules for the police plan are disclosed within that broader municipal reporting framework. ### What is the governance structure of the Police Retirement Board? The board has a chairman and vice chairman, plus seats held by the First Selectman of North Haven and the police union president. The fifth seat is held by a board member at large. This structure is prescribed by the town's ordinances and Connecticut General Statutes, which require labor and municipal representation on police pension boards. ## Related profiles - [Town of Longboat Key Consolidated Retirement System](https://altss.com/profile/town-of-longboat-key-consolidated-retirement-system) - [Town of Palm Beach Health Insurance Trust](https://altss.com/profile/town-of-palm-beach-health-insurance-trust) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/town-of-north-haven-police-pension-plan Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology