August 17, 2018 Retirement Board Meeting Agenda

Section I: Regular Business:

Minutes:

Minutes of July 27, 2018                                            Regular Meeting

Minutes of July 27, 2018                                            Executive Session                                        

Warrants: 

Warrant #6 Dated June 30, 2018                                $       4,099,682.01 Final

Warrant #7 Dated July 31, 2018                                 $       4,843,510.05 Partial

Warrant #8 Dated August 31, 2018                            $       3,302,226.21 Partial

Warrant #9 Dated September 30, 2018                      $          503,997.34 Partial

Trial Balance as of June 30, 2018                              $          171,275,527.87          

Public Comment:

New/Old Business:

PERAC MEMOS:

Memo #22/2018:         Public Records Law Side Letter Provisions

Memo #23/2018:         Reinstatement to Service under G.L. c. 32 sec. 105

Memo #24/2018:         Cost of Living Increase for Supplemental Dependent Allowance Paid to Accidental Disability Retirees and Accidental Death Survivors

Investments:

Investment and 3rd Installment of Appropriation Allocation Updates

Section II: Membership:

Section 105 Reinstatement Policy:

Board to discuss a Section 105 Reinstatement purchase policy to include terms such as installment plan period and minimum payment due.

New Hires:

Town:

9%       Buckley, Drew, Group 1, Motor Equipment Operator – Highway

            Perm. Full-time: $757.38 weekly

            Start Date: August 6, 2018

9%       Lewis, Lisa, Group 1, Administrative Secretary – Collector/Treasurer

            Perm. Full-time: $752.24 weekly

            Start Date: August 13, 2018

School:

9%       Baragwanath, William, Group 1, Custodian

            Perm. Full-time: $1,560.15 bi-weekly

            Start Date; July 30, 2018

9%       Dockery, Chandler, Group 1, Paraeducator

            Perm. Full-time: $832.59 bi-weekly

            Start Date: August 29, 2018

9%       Nunes, Peter, Group 1, Custodian

            Perm. Full-time: $1,560.15 bi-weekly

            Start Date: August 6, 2018

9%       Tedesco, Thomas, Group 1, Custodian

            Perm. Full-time: $1,560.15 bi-weekly

            Start Date: August 2, 2018

9%       Webster, Joan, Group 1, Main Office Secretary

            Perm. Full-time: $1,042.12 bi-weekly

            Start Date: July 30, 2018

Plymouth Housing Authority

9%       Parker, Lisa, Group 1, Program Assistant

            Perm. Full-time: $1,050.00 bi-weekly

            Start Date: July 16, 2018

Refunds:

School:

Fontes, Jonathan, Group 1, Custodian

Eight (8) Years Creditable Service (6/1/2010-6/22/2018)

Total Refund Including FWT: $21,715.33

Rooney, Steven, Group 1, Custodian

Four (4) Years, Nine (9) Months Creditable Service (10/7/2013-7/20/2018)

Total Refund Including FWT: $19,649.01

Transfers:

School:

Fitzgerald, Natalie, Group 1, Spec. Education & Accountability & Measurement Secretary

Fifteen (15) Years, Four (4) Months Creditable Service (8/31/1999-6/8/2018)

Total Transfer to Barnstable County Retirement: $30,041.74

Mayeski, Carmela, Group 1, Science Lab Aide

Seven (7) Years, Eleven (11) Months Creditable Service (8/30/2005-8/23/2013)

Total Transfer to MA. Teachers Retirement System: $7,972.17

Retirements:

Town:

Canucci, Timothy G., Group 1, Leadman-Water Dept.

Thirty-Two (32) Years, Four (4) Months

Superannuation: opt b

Retirement Date: 7/30/2018

Executive Session:

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

Next Meeting: