June 24, 2016 - Retirement Board Meeting Agenda
PLYMOUTH RETIREMENT BOARD Friday, June 24, 2016 8:00 a.m.
10 Cordage Park Circle, Suite 240 Plymouth MA 02360
Section I: Regular Business:
Minutes of May 20, 2016 OPEB Meeting
Minutes of May 20, 2016 Regular Meeting
Minutes of May 20, 2016 Executive Session
Warrant # 4, Dated April 30, 2016 $ 3,206,084.11 Partial
Warrant # 5, Dated May 31, 2016 $ 1,546,748.31 Partial
Warrant # 6 Dated June 30, 2016 $ 44,754.04 Partial
Warrant # 7 Dated July 31, 2016 $ 3,873.13 Partial
Section II: General Correspondence:
2015 PERAC Investment Report
Memo #16/2016 Chapter 77 of the Acts of 2016, An Act Further Regulating Survivors’
Memo #17/2016 Tobacco Company List
Pension Benefits and Qualified Domestic Relations Orders
Anthony Tranghese of FIA will be present to discuss:
- Vote on investing the FY17 Appropriation
- Vote on extension of investment managers from 5 to 7 years
- Review of May 2016 investment performance
- Discussion of Rhumbline Investments proposal for OPEB Funds
Request for Proposals:
Board to discuss and review rating of applicants of RFP for Investment Consulting Services
9% Leaman, Ashley, Group 1, Procurement Assistant
Perm. Full-time: $875.91 weekly
Start Date: June 6, 2016
9% LeBlanc, Zachary, Group 1, Paraprofessional
Perm. Full-time: $914.20 bi-weekly
Start Date: May 2, 2016
Hurley, Kevin, Group 4, Fire Fighter
32 years, 2 months service
Superannuation retirement, opt b
Retirement date: July 5, 2016
Morse, Ralph G., Group 4, Police Officer
32 years, 1 month service
Superannuation retirement, opt c
Retirement date: July 2, 2016
Santos, John P., Group 1, Special Heavy Motor Equipment Operator
Superannuation retirement, opt b
Retirement date: July 5, 2016
Arons, Bruce M., Group 1, Community Development
10 years, 5 months service
Superannuation retirement, option c
Retirement date: July 8, 2016
Young, Michael, A. Group 4, Deputy Fire Chief
36 years, 7 months service
Superannuation retirement, option c
Retirement Date: 7/5/2016
Morales, Martha, K., Group 1, House Secretary
24 years, 11 months service
Superannuation retirement, opt b
Cipriani, Jennifer, Group 1, Administrative Assistant
Refund of additional deductions due to retroactive contract settlement
Total Refund Amount: $2.39
O’Rourke, Dianne, Group 1, Administrative Assistant
Refund of additional deductions due to retroactive contract settlement
Total Refund Amount: $3.92
Conroy, Theresa, Group 1, Paraprofessional
One (1) Year, Seven (7) Months Creditable Service
Total Refund Including FWT: $947.75
Farrell, Larissa, Group 1, Library Associate
Transfer of additional deductions due to retroactive contract settlement
Total Transfer to Plymouth County Retirement Board: $0.87
Halperin, Lisa, Group 1, Paraprofessional
2 Months Creditable Service (8/27/14-11/3/14)
Total Transfer to Mass Teachers’ Retirement System: $356.40
Nee, Kathleen, Group 1, Secretary-School Department, has requested a buyback of four (4) years
of prior Military Service.
Total Buyback Amount: $3,805.40
Group 2 Classification:
Mark Elsner, Building Department Electrical Inspector, has requested his classification be
changed from Group 1 to Group 2. Atty. Sacco will discuss this with the Board.
Section V: Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(1), the Board will enter into executive session to
hold an Evidentiary Hearing on the Accidental Disability Application of Darlene Viella.
Pursuant to MGL Chapter 30A, Section 21 (a)(1), the Board will enter into executive session to
hold an Evidentiary Hearing on the Accidental Disability Application of Jeremy Sullivan.
Pursuant to MGL Chapter 30A, Section 21(a)(1), the Board will enter into executive session to
discuss the Accidental Disability Retirement Application of Joseph Burkhead.
Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into executive session to
hear from its Attorney regarding ongoing litigation.
Next Meeting: