April 28, 2017 - Retirement Board Meeting Agenda

Section I: Regular Business:

Minutes:

Minutes of March 24, 2017                                        Executive Session                              

Minutes of March 24, 2017                                        Regular Meeting

Warrants:

  Warrant # 2 Dated February 28, 2017:                       $ 3,284,598.12 Final                                           

Warrant # 3 Dated March 31, 2017:                           $ 1,603,934.52 Partial                                

Warrant #4 Dated April 30, 2017:                              $    761,957.69 Partial

Warrant #5 Dated May 31, 2017:                               $       3,911.19 Partial          

Trial Balance as of                                                      $ 152,828,495.11                     

Public Comment:

New/Old Business:

PERAC MEMOS:

Memo #15/2017:         STS/LStar Event

Memo #16/2017:         Tobacco List

Memo #17/2017:         Mandatory Retirement Board Member Training – 2nd Quarter 2017

Investments:

8:45 a.m.: Conference call with Templeton to update the Board on their perspective on the initiation of the UK exit strategy.

Anthony Tranghese from FIA will review: allocation and performance through March 31, 2017, update on Small Cap RFP, and discuss FY/2018 Appropriation Allocation.

Section II: Membership:

New Hires:

Town:

Chiros, Andrea, Group 1, Social Outreach Worker

Perm. Full-time: $852.29 weekly

Start Date: April 3, 2017

Dimauro, Anthony, Group 1, Network Technician

Perm. Full-time: $1,066.68 weekly

Start Date: April 17, 2017

Newell, Cameron, Group 1, Dispatcher

Perm. Full-time: $741.87 weekly

Start Date: March 22, 2017

School:

Williams, Ryan, Group 1, Custodian

Perm. Full-time: $1,514.73 bi-weekly

Start Date: March 20, 2017

Refunds:

Town:

Robbins, David J, Group 1, Heavy Motor Equipment Operator

Three (3) Years, Four (4) Months Creditable Service (10/15/2013-3/6/2017)

Total Refund Including FWT: $13, 811.52

Rollovers:

School:

Hawes, Tammy, Group 1, Paraprofessional

Six (6) Years, Ten (10) Months Creditable Service (11/08/2004-6/30/2016)

Total Rollover: $13,856.64

Retirements:

Town:

Giessler, Karen, Group 1, Library Technician

Twenty (20) Years, Three (3) Months Service

Superannuation Retirement, opt b

Retirement Date: April 12, 2017

Section 91:

Repayment of excess earnings for Michael Daley and Robert Pomeroy

Section IV: Executive Session:

Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to hold a hearing on the Regional Medical Panel findings for the Involuntary Accidental Disability Application of Laura May.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into executive session to hear from its Attorney regarding ongoing litigation.