741 Colonel Ledyard Highway  
Ledyard, Connecticut 06339  
TOWN OF LEDYARD  
Retirement Board  
Meeting Minutes  
Chairman  
John Rodolico  
Regular Meeting  
Tuesday, January 20, 2026  
10:00 AM  
Council Chambers - Hybrid Format  
I.  
CALL TO ORDER  
The Regular Meeting was called to order by Vice-Chairperson Sharon Wadecki at 10:05 a.m.  
II.  
ROLL CALL  
Chairperson John Rodolico  
Present  
Board Member Roger Codding  
Board Member Sharon Wadecki  
Board Member William Thorne  
Excused  
Chairman Rodolico was present via Zoom.  
Staff Present:  
Mayor Fred Allyn III  
Christine Dias, Human Resource Director  
Matt Bonin, Finance Director  
Ian Stammel, Assistant Finance Director  
Staff Excused:  
Christina Hostetler  
III.  
PRESENTATIONS  
IV.  
1.  
REVIEW AND APPROVAL OF MINUTES  
Motion to APPROVE Regular Meeting Minutes from December 16, 2025, as written.  
APPROVED AND SO DECLARED  
Sharon Wadecki  
RESULT:  
MOVER:  
Roger Codding  
SECONDER:  
3
1
Rodolico Codding Wadecki  
Thorne  
AYE  
EXCUSED  
V.  
DIRECTOR OF HUMAN RESOURCES UPDATE  
Director of Human Resources Update.  
1.  
Christine Dias, Human Resource Director said that Officer McSwain has submitted his  
paperwork to do a retirement benefit calculation which would be effective on March 2, 2026.  
Ms. Dias informed Officer McSwain that the Board only pays for one calculation per member  
and since this is his second calculation he would need to pay for it. Officer McSwain wrote an  
email to Ms. Dias respectfully disagreeing. Ms. Dias asked the Board for their opinion. Ms.  
Wadecki explained that previously there were employees who would request a calculation every  
year and it became very expensive, hence the need to limit the calculations to one per member.  
She added that the Board has been enforcing this rule with other members and to be consistent  
Officer McSwain would need to be charged as well.  
VI.  
1.  
FINANCE DIRECTOR'S REPORT  
Finance Director’s Report.  
No report.  
VII. OLD BUSINESS  
Retirement Plan for Full-Time Employees of the Town of Ledyard (Defined Benefit Plan)  
1.  
revision update.  
No discussion since Mr. Thorne was not present.  
Any Other Old Business to come before the Board.  
None.  
2.  
VIII. NEW BUSINESS  
Discussion and possible vote on contribution allocation for FY2027.  
1.  
Mr. Bonin said that in September Frederica Daniels, USI Actuaries, had given a minimum  
recommended figure for the FY2027 contribution of $697,794. Chairman Rodolico asked how  
that figure compared to last year's approved amount. It was answered that the amount this year is  
less than last year's $740,000. Vice-Chairperson Wadecki said she felt that $697,794 was too  
low and suggested either $775,000 or $750,000. Chairman Rodolico said he agreed with  
$750,000.  
Motion to RECOMMEND to the Town Council a retirement contribution amount of $750,000 for  
Fiscal Year 26/27.  
APPROVED AND SO DECLARED  
Sharon Wadecki  
RESULT:  
MOVER:  
John Rodolico  
SECONDER:  
3
1
Rodolico Codding Wadecki  
Thorne  
AYE  
EXCUSED  
Motion to APPROVE a monthly retirement benefit for Jennifer Stackpole, in the amount of  
$452.44 as of February 1, 2026, payable in the form of a 10-year certain and life annuity based  
2.  
on her service and earnings through this retirement date.  
Chairman Rodolico asked which department Ms. Stackploe is in, it was answered Board of  
Education.  
APPROVED AND SO DECLARED  
Sharon Wadecki  
RESULT:  
MOVER:  
Roger Codding  
SECONDER:  
3
1
Rodolico Codding Wadecki  
Thorne  
AYE  
EXCUSED  
Motion to APPROVE payment of USI invoice #90118638, dated December 31, 2025, in the  
amount of $400.00, for benefit calculation of Jennifer Stackpole.  
3.  
APPROVED AND SO DECLARED  
Sharon Wadecki  
RESULT:  
MOVER:  
Roger Codding  
SECONDER:  
3
1
Rodolico Codding Wadecki  
Thorne  
AYE  
EXCUSED  
Any Other New Business to come before the Board.  
None.  
4.  
IX.  
ADJOURNMENT  
Motion to ADJOURN the Regular Meeting at 10:13 a.m.  
APPROVED AND SO DECLARED  
Sharon Wadecki  
RESULT:  
MOVER:  
John Rodolico  
SECONDER:  
3
1
Rodolico Codding Wadecki  
Thorne  
AYE  
EXCUSED  
DISCLAIMER: Although we try to be timely and accurate these are not official records of the  
Town.