January 20, 2017 - Retirement Board Meeting Agenda
Section I: Regular Business:
Minutes:
Minutes of December 16, 2016 Executive Session
Minutes of December 16, 2016 Regular Session
Warrants:
Warrant #11 Dated November 30, 2016 $ 3,202,446.97 Partial
Warrant #12 Dated December 31, 2016 $ 1,601,220.93 Partial
Warrant # 1 Dated January 31, 2017 $ 309,399.10 Partial
Warrant # 2 Dated February 28, 2017 $ 3,873.13 Partial
Trial Balance as of November 30, 2016 $151,626,094.26
Public Comment:
PERAC:
Letter from PERAC regarding Memo 22/2016, Pension Forfeitures & response from Atty. Michael Sacco.
PERAC MEMOS:
Memo #28/2016: 2016 Disability Data
Memo #29/2016: The Buyback of Call Firefighter Time
Memo #30/2016: 840 CMR 10:10(3) & 10:15(4)-Annual Review of Medical Testing Fee
Memo #1/2017: Updated Public Records Law (Chapter 121 of the Acts of 2016)
Memo #2/2017: The Binding Effect of PERAC’s Memoranda on all Retirement Boards
Memo #3/2017: 2017 Limits under Chapter 46 of the Acts of 2002
Memo #4/2017: 2017 Limits under Section 23 of Chapter 131 of the Acts of 2010
Memo #5/2017: COLA Notice
Memo #6/2017: Mandatory Retirement Board Member Training-1st Quarter 2017
Financial Statement Audits:
Draft Audit of Specific Elements, Accounts and Items of Financial Statements for year ended December 31, 2015, prepared by Powers & Sullivan
Final Financial Statements for year ended December 31, 2015, prepared by Powers & Sullivan
Section II: Membership:
New Hires:
Town:
9% Burke, Dana, Group 1, Administrative Secretary
Perm. Full-time: $730.32 weekly
Start Date: January 9, 2017
9% Burrey, Julie, Group 1, Library Technician
Perm. Full-time: $582.66 weekly
Start Date: January 3, 2017
9% Dries, Jonathan, Group 1, Wastewater Forman-Sewer
Perm. Full-time: $1,031.80 weekly
Start Date: January 17, 2017
School:
9% Delvental-Maloney, Kristin, Group 1, Paraprofessional
Perm. Full-time: $652.73 bi-weekly
Start Date: November 28, 2016
9% King, Jeffrey, Group 1, Custodian
Perm. Full-time: $1,542.23 bi-weekly
Start Date: December 12, 2016
Retirements:
Town:
Fortini, Lynn, Group 1, Police Department Business Manager
39 years, 11 months
Superannuation retirement, opt a
Retirement date: December 30, 2016
DiLego, Constance, Group 1, Director of Elder Affairs
11 years, 3 months
Superannuation, option b
Retirement Date: January 6, 2017
O’Toole, Colman, Group 4, Police Department, Police Officer
31 years, 6 months
Superannuation retirement, opt c
Retirement Date: February 1, 2017
3(8)(c ) Liability:
School:
Lisa Halperin is a former part-time Paraprofessional. She was not eligible for membership in the Plymouth Retirement System. Ms. Halperin is now a member of the MA Teachers’ Retirement System. She would like to purchase her prior service from January 1, 2012 through October 4, 2013. If proper deductions and interest are deposited, will the Board accept one (1) year, three (3) months 3(8)(c ) liability for Ms. Halperin?
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 /Ordinary Disability Application of Thomas Kelley.
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 Accidental Disability Application of Paul Jennings.
Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into executive session to hear from its Attorney regarding ongoing litigation.