December 17, 2017 - Retirement Board Meeting Agenda
Section I: Regular Business:
Minutes:
Minutes of October 23, 2017 Investment Meeting-Annual Reviews
Minutes of November 17, 2017 Regular Meeting
Warrants:
Warrant #10/2017, Dated October 31,2017: $3,030,215.15 Final
Warrant #11/2017, Dated November 30, 2017: $8,642,773.00 Partial
Warrant #12/2017, Dated December 31, 2017: $ 65,866.71 Partial
Warrant # 1/2018, Dated January 31, 2018: $ 3,911.19 Partial
Trial Balance: $171,107,827.67
Public Comment:
New/Old Business:
PERAC MEMOS:
Memo #35/2017: Forfeiture of Retirement Allowance for Dereliction of Duty by Members
Section II: Membership:
New Hires:
Town:
9% Grasso, Anthony, Group 1, Dispatcher
Perm. Full-time: $783.23 weekly
Start Date: November 30, 2017
9% Sullivan, Christopher, Group 1, Motor Equipment Operator
Perm. Full-time: $757.38 weekly
Start Date: December 4, 2017
School:
9% Kizelewicz, Mark J., Group 1, Custodian
Perm. Full-time: $1,560.15 bi-weekly
Start Date: November 27, 2017
9% Mitchell, Holley, Group 1, Paraprofessional
Perm. Full-time: $1,177.32 bi-weekly
Start Date: November 7, 2017
9% Nordberg, Andrea, Group 1, Main Office Secretary
Perm. Full-time: $1,150.11 bi-weekly
Start Date: November 1, 2017
9% O’Connell, Nancy, Group 1, Paraeducator
Perm. Full-time: $873.11 bi-weekly
Start Date: November 16, 2017
9% Powers, AnnMarie, Group 1, Registered Behavior Technician
Perm. Full-time: $1,261.87 bi-weekly
Start Date: November 27, 2017
9% Ryan, Stacey, Group 1, Paraeducator
Perm. Full-time: $818.56 bi-weekly
Start Date: November 13, 2017
Refunds:
Johnson, Steven J., Group 1, Maintenance Worker – Water
Three (3) Years, Eleven (11) Months Creditable Service (11/18/2013-10/30/2017)
Total Refund Including FWT: $14,795.26
Lanoue, Adam, Group 1, Heavy Motor Equipment Operator – Highway
One (1) Year, Seven (7) Months Creditable Service (3/21/2016-11/20/2017)
Total Refund Including FWT: $6,979.38
Transfers:
Town:
DeManche, David, Group 1, Director of Community Development
Nine (9) Months Creditable Service (11/28/2016-9/15/2017)
Total Transfer to Bristol County Ret. Board: $49,116.04
Johnson, Daryl S, Group 1, Heavy Motor Equipment Operator-Highway
Zero months Creditable Service (4/4/2016-4/15/2016)
Total Transfer to State Retirement Board: $73.57
McDaniel, Scott, Group 1, Police Dispatcher
Nine (9) Months Creditable Service (11/7/2016-9/4/2017)
Total Transfer to Plymouth County Retirement Board: $11,540.27
Retirements:
Town:
Pereira, Dorothy, Group 1, Administrative Assistant
Fifteen (15) Years Creditable Service
Superannuation option b
Retirement Date: January 6, 2018
School:
Dube Gary, Group 1, Custodian
Thirteen Years (13), One (1) Month Creditable Service
Superannuation option: a
Retirement Date: November 28, 2017
Toomey, Cynthia, Group 1, Secretary
Twenty-Four (24) Years, One (1) Month Creditable Service
Superannuation option: b
Retirement Date: December 29, 2017
Brown Nancy, Group 1, Job Coach
Twenty-Nine (29) Years, Eleven (11) Months Creditable Service
Superannuation option: b
Retirement Date: January 2, 2018
Investments:
Fiduciary Investment Advisors
Tony Tranghese, CFA, Managing Partner
Performance Update – Capital Markets Flash
Status of manager RFPs
Manager Reviews
9:00 Intercontinental REIF IV
Bart Weinstein, Director, Institutional Services/Research
Dial in (mobile phone): 508-333-4602
9:10 PRIT Update – Hedge Funds, Real Estate and Private Equity
Paul Todisco, Senior Client Services Officer
Francesco Daniele, Client Services Officer
9:40 Invesco International Growth Fund – via conference call
Claire Potter, Managing Director
Greg Allison, Client Portfolio Manager via dial in
Executive Session:
Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to hold a hearing on the Regional Medical Panel findings for the Accidental Disability Application of James Vachon.
Pursuant to MGL Chapter 30A, Section 21 (a)(1). The Board will enter into executive session to hold a hearing on the Regional Medical Panel findings for the Accidental Disability Application of Bernice Leahy.
Pursuant to MGL Chapter 30A, Section 21 (a)(3), the Board will enter into executive session to hear from its Attorney regarding ongoing litigation.
Next Meeting: