August 2019 Retirement Board Meeting

Section I: Regular Business:

Minutes

Minutes of August 30, 2019 Regular Meeting

Minutes of August 30, 2019 Executive Session

Minutes of September 17, 2019 Special Called Meeting

Warrants:

Warrant #7 Dated July 31, 2019 $ 8,008,887.30 Partial

Warrant #8 Dated August 31, 2019 $ 4,209,961.09 Partial

Warrant #9 Dated September 30, 2019 $ 2,392,925.74 Partial

Warrant #10 Dated October 31, 2019 $ 6,000.00 Partial

Trial Balance as of: July 31, 2019 $188,527,017.43

Public Comment:

New/Old Business:

Investments:

2019 Investment Manager Interviews:

8:30 a.m. Ameriprise/Columbia Threadneedle

9:00 a.m. Boston Trust

9:30 a.m. Rhumbline Advisors

Section II: Membership:

New Hires:

Town:

9% Mills, Mathew, Group 1, Recreation Program Supervisor

Perm. Full-time: $924.74 weekly

Start Date: September 17, 2019

9% Peter, Jenna, Group 1, Administrative Secretary-Assessor’s

Perm. Full-time: $782.63 weekly

Start Date: September 18, 2019

School:

9% Baggs, Jenna, Group 1, Paraeducator

Perm. Full-time: $977.77 bi-weekly

Start Date: August 27, 2019

9% Sarah Bruffee, Group 1, Paraeducator

Perm. Full-time: $977.77 bi-weekly

Start Date: September 3, 2019

9% Brunstrom, William, Group 1, Paraeducator

Perm. Full-time: $899.60 bi-weekly

Start Date: August 27, 2019

9% Hurley, Elizabeth, Group 1, EdTV Reporter

Perm. Full-time: $1,806.00 bi-weekly

Start Date: August 27, 2019

9% O’Brien, Colleen, Group 1, Paraeducator

Perm. Full-time: $788.13 bi-weekly

Start Date: August 27, 2019

9% Potenza, Anthony, Group 1, Custodian

Perm. Full-time: $1,623.20 bi-weekly

Start Date: September 3, 2019

9% Sears, Corey, Group 1, Custodian

Perm. Full-time: $1,623.20 bi-weekly

Start Date: September 3, 2019

9% Souza, Nicole, Group 1, Paraeducator

Perm. Full-time: $923.23 bi-weekly

Start Date: September 3, 2019

9% Sprague, Seth, Group 1, Video Production Specialist

Perm. Full-time: $2,153.85 bi-weekly

Start Date: August 27, 2019

PHA:

9% Blanchard, Candy, Group 1, Program Assistant

Perm. Full-time: 1,275.00 bi-weekly

Start Date: August 13, 2019

Refunds:

Town:

DiCarlo, Anthony, Group 4, Firefighter

Four (4) Months Creditable Service (2/18/2019-7/9/2019)

Total Refund Including FWT: $2,267.76

DiCarlo, Robert, Group 4, Firefighter

Five (5) Months Creditable Service (2/18/2019-7/19/2019)

Total Refund Including FWT: $2,427.90

D’Ortona, Pamela, Group 1, Paraprofessional

Four (4) Years, Nine (9) Months Creditable Service (8/27/2014-6/17/2019)

Total Refund Including FWT: $11,089.42

Buybacks:

Town:

Burke, James, Group 4, Police Officer, has requested to purchase prior part-time seasonal service with the Town of Plymouth Harbormaster’s Department from June 5, 2014 through March 31, 2019. Total Buyback Amount: $6,427.56.

Larsen, Adam, Group 4, Police Officer, has requested to purchase a prior refund of eleven (11) years, six (6) months service (January 24, 2005 through August 5, 2016) with the Plymouth Police Department. Total amount of this refund was $80,703.87. Interest will accrue monthly on this buyback.

Larsen, Adam, Group 4, Police Officer, has requested a buyback of four (4) years prior Military Service.

Total Buyback Amount: $31, 582.30.

Retirements:

Town:

Anderson, Maureen, K. Group 1, Administrative Secretary Water Dept.

Eleven (11) Years, Two (2) Months Creditable Service

Superannuation Retirement: opt b

Retirement Date: September 5, 2019

Section III:

Executive Session:

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