March 24, 2017 - Retirement Board Meeting Agenda

Section I: Regular Business:

Minutes:

Minutes of February 24, 2017 COLA Meeting

Minutes of February 24, 2017 OPEB Meeting

Minutes of February 24, 2017 Executive Session

Minutes of February 24, 2017 Regular Meeting

Warrants:

Warrant # 1 Dated January 31, 2017 $ 6,087,933.96 Final

Warrant # 2 Dated February 28, 2017 $ 2,043,433.98 Partial

Warrant # 3 Dated March 31, 2017 $ 120,628.51 Partial

Warrant #4 Dated April 30, 2017 $ 3,911.19 Partial

Trial Balance as of January 31, 2017 $ 154,180,838.14

Public Comment:

New/Old Business:

PERAC MEMOS:

Memo #14/2017: Compliance Training on PERAC’s New System, PROSPER

PERAC Annual Statement:

Board to review 2016 PERAC Annual Statement

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Third Party Monitoring:

Board to discuss securities litigation contract.

Investments:

Tony Tranghese from FIA will discuss investment performance for month ended February 28,

2017 & portfolio review.

Section II: Membership:

New Hires:

Town:

9% Bernabeo, Michael, Group 1, Motor Equipment Operator-Highway

Perm. Full-time: $735.32 weekly

Start Date: March 13, 2017

9% Coe, Margaret, Group 1, Administrative Secretary

Perm. Full-time: $730.32 weekly

Start Date: March 27, 2017

Retirements:

Town:

Roberts, Michelle J., Group 1, Director of Public Health

18 Years, 6 Months Creditable Service

Superannuation opt. b

Retirement Date: March 1, 2017

Audette, Michelle, Group 4, Police Officer

33 Years, 2 Months Creditable Service

Superannuation opt. c

Retirement Date: March 24, 2017

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 Ralph Patterson.

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Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to

hold an Evidentiary Hearing on the Involuntary Accidental Disability Application of Chad

McGee.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into executive session to

hear from its Attorney regarding ongoing litigation.

Section 91 Excess Earnings Hearings:

Robert Pomeroy and Michael Daley