April 27, 2015 - Retirement Board Regular Meeting Agenda

Section I: Regular Business:

Minutes:

Minutes dated March 27, 2015                       Regular Board Meeting

Minutes dated March 27, 2015                       Executive Session

Warrants:

Warrant #1,   Dated January 31, 2015:                       $18,085,121.15 Final

Warrant # 2,  Dated February 28, 2015:                     $  2,508,532.01 Final

Warrant # 3,  Dated  March 31, 2015:                        $  1,484,881.86 Partial           

Warrant # 4, Dated April 30, 2015:                            $     214,236.99 Partial

Warrant # 5, Dated May 31, 2015:                             $         3,778.66 Partial

February 28, 2015 Trial Balance:                                            $142,611,511.93

Public Comment:

Section II: General Correspondence:

Conferences:

MACRS 2015 Annual Spring Conference, May 31st – June 3, 2015

PERAC:

PERAC 2014 Annual Statement: To be presented and approved by Board

PERAC Memo’s

Memo #9/2015:           Tobacco Company List

Memo #10/2015:         Mandatory Retirement Board Member Training – 2nd Quarter 2015

Investments:

Draft Flash Report for March 31, 2015

Section III: Membership:

New Hires:

Town:

9%       Josephine, Brian, Group 4, Police Officer

            Perm. Full-time, $916.04 weekly

            Start Date: March 23, 2015

9%       Laurie Maiolini-Ayotte, Group 1, Administrative Secretary

            Perm. Full-time, $698.54 weekly

            Start Date: April 6, 2015

9%       Renee Reardon, Group 1, Administrative Secretary

            Perm. Full-time, $698.54 weekly

            Start Date: April 6, 2015

School:

9%       Adam Chapman, Group 1, Custodian

            Perm. Full-time, $1448.81 bi-weekly

            Start Date: April 6, 2015

Refunds:

Town:

Godinho, Fernando, Group 4, Police Officer

6 Months Creditable Service (3/31/14-9/28/14)

Total Refund Including FWT: $2,346.39

Galla, Michael, Group 1, Asst. Town Manager

1 Year 9 Months Creditable Service (5/28/13-3/20/15)

Total Refund Including FWT: $17,486.25

School:

PHA:

Harris, Timothy, Group 1, Grounds Keeper

4 Months Creditable Service, (11/10/14-3/19/15)

Total Refund Including FWT: $1,639.40

Retirements:

Town:

Annino, Jeanne, Group 1, Library Literacy Coordinator

11 years, 2 months service

Superannuation retirement, opt b

Retirement date: May 2, 2015

School:

Hicks, Jeanne E, Group 1, Special Needs Aide

11 years, 10 months service

Superannuation retirement, opt c

Retirement date: April 23, 2015

Section IV:  New Business:

Office Copier :

Board to approve renewal of office copier contract with Ricoh. 

Section V: Executive Session:

Pursuant to MGL Chapter 30A, Section 21 (a)(3), and(5) the Board will enter into executive session to hear from its Attorney regarding ongoing litigation.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), and(5) the Board will enter into executive session to discuss excess earnings.

Pursuant to MGL Chapter 30A, Section 21 (a)(3), and(5) the Board will enter into executive session to discuss and vote on the Accidental Disability retirement application of Steven Correa, Group 4, Fire Fighter.

Next Meeting:            Friday, May 29, 2015, 8:00 a.m.