August 2020 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:

karry@plymouthretirement.com

Section I: Regular Business:

Minutes:

Minutes June 26, 2020                                    Executive Session

Minutes July 31, 2020                                     Executive Session                                                      

Warrants:

Warrant #5 Dated May 31, 2020                                                        $ 10,868,442.52 Final

Warrant #6 Dated June 30, 2020                                                        $   2,615,738.76 Final

Warrant #7 Dated July 31, 2020                                                         $   5,312,395.71 Partial

Warrant #8 Dated August 31, 2020                                                    $   3,934,884.65 Partial          

Trial Balance as of June 30, 2020                                                      $ 179,667,741.48       

June 30, 2020 Accounting Reports Presented to Board for Review:

Trial Balance

Cash Receipts

Cash Disbursements

Adjustments

Public Comment:

New/Old Business:

Budget:

Review of 2020 Proposed Budget v. Actual Budget

Board to vote on supplemental budget in Professional Services for potential January 1, 2020 Actuarial Valuation

Draft Policy:

Board to review draft Executive Session Policy.

Investments:

Anthony Tranghese will give a Portfolio Update and Review

Section II: Membership:

New Hires:

Town:

Hill, Nicholas, Group 1 Facilities Manager – Maintenance Div.

Perm. Full-time: $1,571.55 weekly

Start Date: August 10, 2020

School:

Fitzpatrick, Jason, Group 1, Custodian

Perm. Full-time: $1,655.65 bi-weekly

Start Date: August 31, 2020

Kenyon, Michelle, Group 1, Nurse

Perm. Full-time: $3,053.50 bi-weekly

Start Date: August 31, 2020

Lowman, Dawn, Group 1, Student Services Secretary

Perm. Full-time: $1,014.38 bi-weekly

Start Date: August 24, 2020

Renaud, Christina, Group 1, Facilities Director

Perm. Full-time: 4,307.69 bi-weekly

Start Date: August 24, 2020

PHA:

Tempesta, Kate, Group 1, Facilities Clerk

Perm. Full-time: $1,538.46 bi-weekly

Start Date: July 27, 2020

Refunds:

Town:

Costa, Stephen, Group 1, Heavy Motor Equipment Operator

Zero Creditable Service (6/27/2017-7/7/2017)

Total Refund: $107.36

Denure, Judy, Group 1, ABE Instructor

Seven (7) Years Creditable Service (7/1/2006-6/30/2013)

Total Refund Including FWT: $10,692.53

Logan, John, Group 1, Dispatcher

Nine (9) Months Creditable Service (8/20/2014-5/22/2015)

Total Refund Including FWT: $3226.76

Luinis, Suzanne, Group 1, Police Dispatcher

One (1) Month Creditable Service (8/5/2013-9/5/2013)

Total Refund Including FWT: $352.39

Oaks, Jr., William, Group 1, Maintenance Worker

Two (2) Months Creditable Service (2/18/214-5/9/2014)

Total Refund Including FWT: $790.67

Prince, Michael, Motor Equipment Operator

Two (2) Months Creditable Service (12/31/2018-3/6/2019)

Total Refund Including FWT: $486.97

Rutherford-Gardner, Karen, Group 1, Librarian

Two (2) Years, Five (5) Months Creditable Service (7/29/2013-1/2/2016)

Total Refund Including FWT: $9,517.21

Soito, Jason, Group 1, HVAC Technician

Zero Creditable Service (10/28/2019-11/25/2019)

Total Refund Including FWT: $444.65

Walsh, Brett, Group 4, Police Officer

One (1) Year, Three (3) Months Creditable Service (1/22/2018-5/7/2019)

Total Refund including FWT: $6,870.53

School:

Delvental-Maloney, Kristin, Group 1, Paraprofessional

Two (2) Year, Six (6) Months Creditable Service (11/28/2016-6/17/2019)

Total Refund Including FWT: $4,323.22

Egan, Christine, Group 1, Paraprofessional

Five (5) Years Creditable Service (8/27/2014-6/22/2018)

Total Refund Including FWT: $9143.68

Hoisington, Erin, Group 1, Paraeducator

Three (3) Months Creditable Service (2/26/2018-6/22/2018)

Total Refund Including FWT: $868.10

Smith, Ursula, Group 1, Paraeducator

Eight (8) Months Creditable Service (10/1/2007-8/28/2008)

Total Refund Including FWT: $530.09

Rollovers:

School:

Jankowski, Maria, Group 1, Paraprofessional

Three (3) Months Creditable (8/29/2018-12/3/2018)

Total Rollover: $497.62

Retirements:

School:

Brisbois, Judith, Group 1, Special Needs Paraprofessional

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

Superannuation Retirement: opt c

Retirement Date: September 3, 2020

Section III:

Executive Session:

Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to hold an Evidentiary Hearing for the Accidental Disability Application of Kristain Cavacco.

Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to hold an Evidentiary Hearing for the Accidental Disability Application of Daniel Schlecht.

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)(3), the Board will enter into executive session to discuss the litigation strategy relating to the Michael Daley Case.