September 2022 Retirement Board Meeting
Pursuant to Governor Baker’s March 12, 2020, Order Suspending Certain Provisions of the Open Meeting Law, G.L. c. 30A, §18, and the Governor’s March 15, 2020, Order imposing strict limitations on the number of people that may gather in one place, this meeting of the Plymouth Retirement Board is being conducted via remote participation. No in-person attendance of members of the public will be permitted, but every effort will be made to ensure that the public can adequately access the proceedings as provided for in the Order.
Any member of the public that wishes to join the Plymouth Retirement Board Meeting remotely may call the Retirement Office at (508) 830-4170 or send an email to:
Section I: Regular Business:
Minutes:
Minutes of April 22, 2022 Regular Session
Minutes of May 27, 2022 Executive Session
Warrants:
Warrant #7 Dated July 31, 2022 $ 4,648,167.80 Final
Warrant #8 Dated August 31, 2022 $ 4,139,244.55 Partial
Warrant #9 Dated September 30, 2022 $ 2,055,934.27 Partial
Warrant #10 Dated October 31, 2022 $ 6,556.00 Partial
Trial Balance as of July 31, 2022. $ 241,138,461.41
July 2022 Accounting Reports Presented to Board for Review:
Rockland Trust - Checking & Money Market Acct Statements
Treasurer’s Reconciliation – RTC Checking & Money Market Accts
Trial Balance
Cash Receipts
Cash Disbursements
Adjustments
Public Comment:
New/Old Business:
PERAC Memos:
Memo #23/2022: Vacation Buybacks as Regular Compensation
2022 Budget:
2022 Budget v. Actual at June 30, 2022
Investments:
Anthony Tranghese from Fiducient Advisors will give a Portfolio Update & Review.
Annual Investment Manager Reviews:
Westfield Capital Management
RhumbLine Advisors
Section II: Membership:
New Hires:
Town:
9% Shurtleff, Robert, Group 1, Local Inspector B
Perm. Full-time: $1,333.64 weekly
Start Date: September 6, 2022
School:
9% Buckley, Adam, Group 1, Paraprofessional
Perm. Full-time: $1,548.77 bi-weekly
Start Date: August 29, 2022
9% Mansfield, Bonnie, Group 1, Paraprofessional
Perm. Full-time: $1,135.42 bi-weekly
Start Date: August 29, 2022
9% Steen, Kayla, Group 1, Paraprofessional
Perm. Full-time: $934.61 bi-weekly
Start Date: September 7, 2022
Refunds:
School:
Dowling, Donald, Group 1, Custodian
Three (3) Years, Nine (9) Months Creditable Service (7/9/2018-4/20/2022)
Total Refund Including FWT: $17,432.20
McDonald, Kimberly, Group 1, Paraprofessional
Ten (10) Years, Eight (8) Months Creditable Service (8/30/2006-6/21/2021)
Total Refund Including FWT: $21471.89
Buybacks:
School:
Siegelman, Jennifer, Group 1, Secretary, has requested a buyback of two (2) years of prior part-time service with the school department. The total buyback amount is: $3,472.01.
Retirements:
Town:
Saba, Scott, Group 4, Fire Fighter
Fifteen (15) Years, Ten (10) Months Creditable Service
Superannuation Retirement: option c
Retirement Date: 9/29/2022
Martel, Anthony E., Group 1, GIS Coordinator/Applications Manager for IT Dept.
Twenty-One (21) Years and Six (6) Months Creditable Service
Superannuation Retirement: option b
Retirement Date: 9/9/2022
Stoddart, Mark, Group 4, Fire Captain
Thirty-Six (36) Years, Five (5) Months Creditable Service
Superannuation Retirement: opt c
Retirement Date: 10/7/2022
School:
Lovely, Leslie, Group 1, Part-time Library Para
Twenty-Five (25) Years of Creditable Service
Superannuation Retirement: opt b
Retirement Date: 9/23/2022
Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into Executive Session to discuss ongoing litigation.
Pursuant to MGL Chapter 30A, Section 21 (a)(1), The Board will enter into Executive Session to vote the Accidental Disability Application of Patrick Murphy.
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 Matthew Sullivan.
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 Sonya Lopes.