May 19, 2017 - Retirement Board Meeting Agenda -

Section I: Regular Business:

Minutes:

Minutes of April 24, 2017                                          OPEB Meeting

Minutes of April 24, 2017                                          Executive Session

Minutes of April 24, 2017                                          Regular Meeting                                

Warrants:  

Warrant # 3 Dated March 31, 2017:                           $ 2,874,211.29 Partial                                

Warrant #4 Dated April 30, 2017:                              $ 2,221,770.41 Partial

Warrant #5 Dated May 31, 2017:                               $      78,900.95 Partial

Warrant #6 Dated June 30, 2017                                $         3,911.19 Partial          

Trial Balance as of March 31, 2017:                           $ 156,785,392.73 Final                 

Public Comment:

New/Old Business:

PERAC MEMOS:

Investments:

Anthony Tranghese from FIA will review the 1st Qtr 2017 Report, discuss potential allocation of Appropriation and review Small Cap RFP Respondents

Portfolio Monitoring Services:

Scott & Scott has sent their 1st Qtr. 2017, Review

Section II: Membership:

New Hires:

Town:

Thompson, April, Group 1, Social Outreach Worker

Perm. Full-time: $823.67 weekly

Start Date: May 3, 2017

School:

Kingsland, Marcia, Group 1, Special Needs Paraprofessional

Perm. Full-time: $762.44 bi-weekly

Start Date: April 24, 2017

Lopes, Stephanie, Group 1, Paraeducator

Perm. Full-time: $797.65 bi-weekly

Start Date: May 1, 2017

PHA:

Freeland, Christopher, Group 1, Groundskeeper/Custodian

Perm. Full-time: $937.20 weekly

Start Date: May 1, 2017

Refunds:

Town:

Patterson, Ralph, Group 4, Police Officer

Refund of Non-Taxable Deductions paid towards an incomplete Military Buy-back

Mr. Patterson retired under Accidental Disability Retirement on April 29, 2017. 

Total Refund: $1,638.41

Rollovers:

School:

Osborne, Nicole, Group 1, Paraprofessional

One (1) Year, Five (5) Months Creditable Service (10/5/2015-3/31/2017)

Total Rollover: $2,246.31

Retirements:

Town:

Pasquantonio, Mark, Group 4, Fire Lieutenant

Twenty-Six (26) Years, Nine (9) Months Service

Superannuation Retirement, opt c

Retirement Date: May 1, 2017

Section IV: Executive Session:

Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to hold an Appeal Hearing on the Involuntary Ordinary Disability Application filed for Police Officer James Vachon.

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

Pursuant to MGL Chapter 30A, Section 21 (a)(4), the Board will enter into executive session to discuss computer/server security issues with Jack Boyle of Clever Minds.