August 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 August 17, 2022 COLA Increase Vote
Warrants:
Warrant #6 Dated June 30, 2022 $ 2,657,541.70 Final
Warrant #7 Dated July 31, 2022 $ 4,045,568.56 Partial
Warrant #8 Dated August 31, 2022 $ 2,133,891.63 Partial
Warrant #9 Dated September 30, 2022 $ $ 2,006,556.00 Partial
Trial Balance as of June 30, 2022. $ 225,461,383.13
June 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 #21/2022: Vernava II – Important Update
Memo #22/2022: Cost of Living Increase for Supplemental Dependent Allowance Paid to Accidental Disability Retirees and Accidental Death Survivors
Investments:
Anthony Tranghese from Fiducient Advisors will give a Portfolio Update & Review.
Section II: Membership:
Section 9 Application:
Paula Skellett, widow of Richard Skellett has applied for Section 9 benefits. Richard Skellett, ADR retiree, Group 4, Fire Fighter, retired November 21, 1997, under the Heart Law, died June 29, 2022.
New Hires:
Town:
9% Martin, Margaret, Group 1, Coordinator of Volunteers
Perm. Full-time: $890.64 weekly
Start Date: August 15, 2022
School:
9% Antaya, Tracey-Jo, Group 1, Accounting Specialist (AP & Budget)
Perm. Full-time: $2,780.12 bi-weekly
Start Date: August 1, 2022
9% Canniff, Dana, Group 1, Secretary
Perm. Full-time: $1,567.38 bi-weekly
Start Date: August 15, 2022
9% Corsini, Benjamin, Group 1, Computer Hardware/Software Junior Technician
Perm. Full-time: $1,607.20 bi-weekly
Start Date: August 15, 2022
9% Dafonseca, Holly, Group 1, Special Needs Department Secretary
Perm. Full-time: $1,241.12 bi-weekly
Start Date: August 15, 2022
9% Geer, Laura, Group 1, Secretary
Perm. Full-time: $1,700.62 bi-weekly
Start Date: August 10, 2022
9% Kirschner, Courtney, Group 1, Secretary
Perm. Full-time: $1,240.88 bi-weekly
Start Date: August 23, 2022
9% Ricardo, Meghan, Group 1, Cook
Perm. Full-time: $961.27 bi-weekly
Start Date: August 29, 2022
9% Romano, Kelly, Group 1, Paraeducator
Perm. Full-time: $1,747.78 bi-weekly
Start Date: August 29, 2022
9% Serrilla, Erin, Group 1, House Secretary
Perm. Full-time: $1,450.81 bi-weekly
Start Date: August 18, 2022
9% Serrilla, Robin, Group 1, Data Processing Secretary
Perm. Full-time: $1,508.61 bi-weekly
Start Date: August 1, 2022
PHA:
9% Mei, Yong, Group 1, Program Coordinator
Perm. Full-time: $1,730.77 bi-weekly
Start Date: August 8, 2022
Refunds:
Town:
Fraccalossi, Micaela, Group 4, Police Officer
One (1) Year, Six (6) Months Creditable Service (1/6/2020-7/31/2021)
Total Refund Including FWT: $9,521.70
Nugent, Thomas, Group 1, Building Maintenance Craftsman
Refund of Deductions paid to the Retirement System for supplemental pay received while receiving Workers’ Compensation benefits.
Total Refund Amount Including FWT: $1,065.54
Refund Date: August 31, 2022
Transfers:
Town:
Alzened, William, Group 4, Police Officer
Nine (9) Months Creditable Service (9/20/2021-7/14/2022)
Total transfer to Quincy Retirement Board: $4,795.62
3(8)(c ) Liability:
Kara E. Mewhinney, Group 1, former Facility/Special Event Manager from July 14, 2015 through December 31, 2020, is currently a member of the Barnstable County Retirement System. Ms. Mewhinney took a refund of her deductions on February 28, 2021. If proper repayment of deductions and interest is made, will the Board take 3(8)(c ) liability for five (5) years, two (2) months of service?
Retirements:
Town:
Nugent III, Thomas, Group 1, Building Maintenance Craftsman
Twenty-Nine (29) Years, Ten (10) Months Creditable Service
Superannuation Retirement: opt c
Retirement Date: August 2, 2022
School:
Bonetti, Teresa, Group 1, Para-Job Coach
Nineteen (19) Years, Ten (10) Months Creditable Service
Superannuation Retirement: opt b
Retirement Date: September 6, 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 hold an Evidentiary Hearing on the Involuntary Accidental/Ordinary Disability Application of Michael Kane.